Repsol SA (OTCMKTS:REPYY) Short Interest Up 976.8% in September

Key Points

• Repsol SA experienced a significant increase in short interest, rising by 976.8% in September, totaling 786,100 shares compared to 73,000 shares earlier in the month.
• Wall Street analysts have mixed ratings on Repsol, with one analyst giving a Strong Buy rating, while others have rated it as Hold or Sell.
• The company's stock recently traded down 1.7% to $16.64, with earnings per share reported at $0.64, exceeding the estimated $0.41.

Repsol SA (OTCMKTS:REPYY - Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 786,100 shares, a growth of 976.8% from the September 15th total of 73,000 shares. Based on an average trading volume of 472,900 shares, the short-interest ratio is presently 1.7 days. Based on an average trading volume of 472,900 shares, the short-interest ratio is presently 1.7 days.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Citigroup reiterated a "buy" rating on shares of Repsol in a research report on Thursday, July 10th. Zacks Research downgraded shares of Repsol from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 2nd. Wall Street Zen upgraded shares of Repsol from a "hold" rating to a "buy" rating in a research report on Friday, August 1st. Finally, Berenberg Bank upgraded shares of Repsol from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Repsol Stock Down 1.7%

REPYY traded down $0.28 during trading on Thursday, hitting $16.64. 189,102 shares of the company's stock were exchanged, compared to its average volume of 129,905. The business's 50 day moving average is $16.83 and its two-hundred day moving average is $14.67. Repsol has a fifty-two week low of $10.41 and a fifty-two week high of $18.42. The stock has a market cap of $19.26 billion, a P/E ratio of 26.00, a PEG ratio of 5.85 and a beta of 0.65.

Repsol (OTCMKTS:REPYY - Get Free Report) last posted its earnings results on Thursday, July 24th. The energy company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.23. Repsol had a net margin of 1.33% and a return on equity of 9.06%. The firm had revenue of $16.48 billion during the quarter, compared to analyst estimates of $14.91 billion. On average, sell-side analysts forecast that Repsol will post 2.36 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.

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