Repsol (OTCMKTS:REPYY) Reaches New 12-Month High – Time to Buy?

Shares of Repsol SA (OTCMKTS:REPYY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $34.9096 and last traded at $34.90, with a volume of 5391 shares trading hands. The stock had previously closed at $33.92.

Analyst Ratings Changes

REPYY has been the subject of a number of analyst reports. Citigroup reiterated a “buy” rating on shares of Repsol in a report on Wednesday, August 26th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Repsol in a research report on Thursday, September 3rd. Zacks Research upgraded Repsol from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Santander lowered Repsol from an “outperform” rating to a “neutral” rating in a research report on Tuesday. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Repsol has an average rating of “Buy”.

Repsol Trading Up 3.3%

The firm has a market capitalization of $38.72 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 0.26 and a beta of 0.02. The business’s 50 day simple moving average is $31.19 and its two-hundred day simple moving average is $27.88.

About Repsol

Repsol, SA is a Spain-based, integrated energy company with activities spanning the oil, natural gas and low-carbon energy sectors. The company explores for and produces hydrocarbons, supplies and trades energy, and operates industrial businesses that include refining, petrochemicals and the production of other energy-related products.

Repsol also serves retail and commercial customers through service stations, mobility offerings, lubricants, aviation and marine fuels, and other customer solutions.