Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) Short Interest Down 62.5% in March

by · The Cerbat Gem

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY – Get Free Report) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 300 shares, a drop of 62.5% from the March 15th total of 800 shares. Based on an average daily volume of 86,800 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Galp Energia, SGPS Trading Down 3.2 %

OTCMKTS GLPEY traded down $0.23 on Tuesday, reaching $7.00. The company had a trading volume of 110,536 shares, compared to its average volume of 72,109. Galp Energia, SGPS has a 52 week low of $6.76 and a 52 week high of $11.05. The stock’s 50 day moving average is $8.03 and its 200-day moving average is $8.42. The company has a quick ratio of 1.40, a current ratio of 1.64 and a debt-to-equity ratio of 0.54. The stock has a market cap of $9.74 billion, a price-to-earnings ratio of 7.45 and a beta of 0.24.

About Galp Energia, SGPS

(Get Free Report)

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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