Repsol, S.A. (OTCMKTS:REPYY) Sees Large Growth in Short Interest

Repsol, S.A. (OTCMKTS:REPYY) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 179,600 shares, an increase of 188.7% from the October 15th total of 62,200 shares. Based on an average daily volume of 319,000 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Ratings Changes

A number of analysts have recently weighed in on REPYY shares. Citigroup raised Repsol to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein raised Repsol from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 23rd. UBS Group raised Repsol to a “hold” rating in a research report on Monday, September 16th. BNP Paribas lowered Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Finally, Morgan Stanley lowered Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Repsol Stock Performance

OTCMKTS REPYY opened at $12.21 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.54 and a quick ratio of 1.04. Repsol has a 1 year low of $11.94 and a 1 year high of $17.61. The company has a market capitalization of $14.86 billion, a PE ratio of 3.63 and a beta of 0.74. The company has a fifty day moving average of $12.93 and a two-hundred day moving average of $14.30.

Repsol (OTCMKTS:REPYY) last announced its earnings results on Thursday, October 31st. The energy company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.15). Repsol had a return on equity of 13.09% and a net margin of 3.74%. The business had revenue of $14.95 billion for the quarter. As a group, analysts expect that Repsol will post 3.26 earnings per share for the current year.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.