Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY - Get Free Report)'s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.74 and traded as low as $8.92. Galp Energia, SGPS shares last traded at $8.95, with a volume of 50,281 shares.
Galp Energia, SGPS Price Performance
The business's fifty day moving average is $9.74 and its 200 day moving average is $10.03. 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 $12.80 billion, a P/E ratio of 9.42 and a beta of 0.48.
Galp Energia, SGPS (OTCMKTS:GLPEY - Get Free Report) last issued its earnings results on Monday, July 22nd. The energy company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.11. Galp Energia, SGPS had a net margin of 6.32% and a return on equity of 25.06%. The business had revenue of $6.30 billion for the quarter. As a group, sell-side analysts anticipate that Galp Energia, SGPS, S.A. will post 0.71 EPS for the current year.
Galp Energia, SGPS Increases Dividend
The firm also recently announced a dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were issued a dividend of $0.1553 per share. This is a boost from Galp Energia, SGPS's previous dividend of $0.15. The ex-dividend date was Monday, August 19th. Galp Energia, SGPS's payout ratio is presently 13.68%.
Galp Energia, SGPS Company Profile
(
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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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