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

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY)’s stock price dropped 0.1% during trading on Monday . The company 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 Price Performance

The company has a current ratio of 1.62, a quick ratio of 1.31 and a debt-to-equity ratio of 0.53. The company has a market cap of $11.47 billion, a P/E ratio of 8.78 and a beta of 0.49. The business’s fifty day moving average is $8.89 and its 200 day moving average is $9.84.

Galp Energia, SGPS (OTCMKTS:GLPEY) last issued its earnings results on Monday, October 28th. The energy company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Galp Energia, SGPS had a net margin of 6.17% and a return on equity of 24.36%. The business had revenue of $6.02 billion for the quarter. As a group, sell-side analysts anticipate that Galp Energia, SGPS, S.A. will post 0.75 EPS for the current year.

Galp Energia, SGPS Company Profile

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.