Galp Energia, SGPS (OTCMKTS:GLPEY) Stock Price Down 0.1% – Time to Sell?

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY)’s share price was down 0.1% on Monday . The stock traded as low as $8.23 and last traded at $8.25. Approximately 69,970 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 77,674 shares. The stock had previously closed at $8.26.

Galp Energia, SGPS Trading Down 0.1 %

The stock has a market cap of $11.47 billion, a P/E ratio of 8.78 and a beta of 0.49. The firm’s fifty day moving average price is $8.89 and its two-hundred day moving average price is $9.84. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.31.

Galp Energia, SGPS (OTCMKTS:GLPEY) last released its quarterly earnings results on Monday, October 28th. The energy company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.04. The firm had revenue of $6.02 billion for the quarter. Galp Energia, SGPS had a net margin of 6.17% and a return on equity of 24.36%. As a group, equities research analysts forecast that Galp Energia, SGPS, S.A. will post 0.75 EPS for the current year.

About Galp Energia, SGPS

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.