Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 52,500 shares, a growth of 17,400.0% from the March 31st total of 300 shares. Based on an average daily volume of 224,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's stock are sold short.
Galp Energia, SGPS Stock Up 1.2 %
OTCMKTS GLPEY traded up $0.09 during trading hours on Thursday, reaching $7.70. 62,680 shares of the company traded hands, compared to its average volume of 72,143. The company has a 50 day moving average of $7.92 and a two-hundred day moving average of $8.30. The stock has a market capitalization of $10.71 billion, a PE ratio of 8.19 and a beta of 0.24. Galp Energia, SGPS has a 12 month low of $6.76 and a 12 month high of $11.05. The company has a current ratio of 1.64, a quick ratio of 1.40 and a debt-to-equity ratio of 0.54.
Galp Energia, SGPS (OTCMKTS:GLPEY - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The energy company reported $0.25 EPS for the quarter, topping 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 business had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $4.32 billion. As a group, equities analysts expect that Galp Energia, SGPS will post 0.75 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Cfra Research raised Galp Energia, SGPS to a "moderate sell" rating in a research report on Tuesday, April 15th.
Get Our Latest Analysis on Galp Energia, SGPS
About Galp Energia, SGPS
(
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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.
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