Galp Energia, SGPS (GLPEY) Projected to Post Quarterly Earnings on Tuesday

Galp Energia, SGPS (OTCMKTS:GLPEY - Get Free Report) will likely be releasing its earnings data on Tuesday, April 29th. Analysts expect Galp Energia, SGPS to post earnings of $0.16 per share and revenue of $4.32 billion for the quarter.

Galp Energia, SGPS Stock Up 1.7 %

OTCMKTS:GLPEY traded up $0.13 during mid-day trading on Friday, reaching $7.91. The company's stock had a trading volume of 33,622 shares, compared to its average volume of 72,354. Galp Energia, SGPS has a 1 year low of $6.76 and a 1 year high of $11.05. 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 firm has a market capitalization of $11.00 billion, a PE ratio of 8.42 and a beta of 0.24. The stock has a fifty day moving average of $7.93 and a 200-day moving average of $8.33.

Wall Street Analyst Weigh In

Separately, Cfra Research upgraded Galp Energia, SGPS to a "moderate sell" rating in a research note on Tuesday, April 15th.

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.