Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) Sees Significant Increase in Short Interest

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY - Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 3,300 shares, a growth of 560.0% from the September 15th total of 500 shares. Based on an average trading volume of 85,600 shares, the days-to-cover ratio is currently 0.0 days.

Galp Energia, SGPS Price Performance

Shares of GLPEY traded up $0.12 during trading hours on Thursday, hitting $9.23. 188,791 shares of the company were exchanged, compared to its average volume of 75,896. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.31. The company has a market capitalization of $13.20 billion, a PE ratio of 9.86 and a beta of 0.48. The firm has a fifty day simple moving average of $9.87 and a 200-day simple moving average of $9.99. Galp Energia, SGPS has a one year low of $7.07 and a one year high of $11.05.

Galp Energia, SGPS (OTCMKTS:GLPEY - Get Free Report) last posted its quarterly earnings data on Monday, July 22nd. The energy company reported $0.25 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 company had revenue of $6.30 billion during the quarter. As a group, sell-side analysts predict that Galp Energia, SGPS will post 0.7 earnings per share for the current year.

Galp Energia, SGPS Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 19th were given a dividend of $0.1553 per share. This is a positive change from Galp Energia, SGPS's previous dividend of $0.15. The ex-dividend date of this dividend was Monday, August 19th.

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.