Galp Energia, SGPS (GLPEY) Expected to Announce Quarterly Earnings on Tuesday

Galp Energia, SGPS (OTCMKTS:GLPEY - Get Free Report) is anticipated to issue its quarterly earnings data on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $4.32 billion for the quarter.

Galp Energia, SGPS Stock Up 1.7 %

GLPEY stock traded up $0.13 during midday trading on Friday, hitting $7.91. The company's stock had a trading volume of 33,622 shares, compared to its average volume of 72,354. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.64 and a quick ratio of 1.40. Galp Energia, SGPS has a twelve month low of $6.76 and a twelve month high of $11.05. The company's fifty day moving average price is $7.93 and its 200 day moving average price is $8.32. The stock has a market capitalization of $11.00 billion, a P/E ratio of 8.42 and a beta of 0.24.

Analyst Upgrades and Downgrades

Separately, Cfra Research raised shares of Galp Energia, SGPS to a "moderate sell" rating in a research report on Tuesday, April 15th.

Galp Energia, SGPS Company Profile

Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.