Galp Energia, SGPS (GLPEY) Expected to Announce Earnings on Friday

Galp Energia, SGPS (OTCMKTS:GLPEY - Get Free Report) is anticipated to release its earnings data on Friday, April 4th. Analysts expect Galp Energia, SGPS to post earnings of $0.12 per share and revenue of $4.37 billion for the quarter.

Galp Energia, SGPS Price Performance

Shares of Galp Energia, SGPS stock traded up $0.03 during trading on Friday, reaching $8.67. The company's stock had a trading volume of 14,231 shares, compared to its average volume of 64,573. The business has a 50 day moving average price of $8.26 and a 200-day moving average price of $8.58. The company has a market capitalization of $12.06 billion, a P/E ratio of 9.22 and a beta of 0.43. The company has a quick ratio of 1.40, a current ratio of 1.64 and a debt-to-equity ratio of 0.54. Galp Energia, SGPS has a 12-month low of $7.72 and a 12-month high of $11.05.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of Galp Energia, SGPS from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 4th.

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.