Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY - Get Free Report) shares traded up 2% on Wednesday . The company traded as high as $8.10 and last traded at $8.10. 39,329 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 76,975 shares. The stock had previously closed at $7.94.
Wall Street Analyst Weigh In
Separately, Cfra Research upgraded Galp Energia, SGPS to a "moderate sell" rating in a report on Tuesday, April 15th.
Get Our Latest Stock Analysis on Galp Energia, SGPS
Galp Energia, SGPS Trading Up 1.1%
The company's 50 day simple moving average is $7.80 and its two-hundred day simple moving average is $8.17. The company has a market cap of $11.31 billion, a PE ratio of 8.65 and a beta of 0.28. 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 (OTCMKTS:GLPEY - Get Free Report) last announced its earnings results on Monday, April 28th. The energy company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.10. Galp Energia, SGPS had a return on equity of 24.38% and a net margin of 6.17%. The company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.32 billion. As a group, sell-side analysts anticipate that Galp Energia, SGPS, S.A. will post 0.75 EPS for the current fiscal year.
Galp Energia, SGPS Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, June 13th. Stockholders of record on Tuesday, June 3rd will be given a dividend of $0.0978 per share. This represents a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 2nd. Galp Energia, SGPS's dividend payout ratio is currently 18.09%.
Galp Energia, SGPS Company Profile
(
Get Free Report)
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.
Read More
Before you consider Galp Energia SGPS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galp Energia SGPS wasn't on the list.
While Galp Energia SGPS currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
