Galp Energia, SGPS (OTCMKTS:GLPEY – Get Free Report) will likely be announcing its earnings results on Friday, April 4th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $4.37 billion for the quarter.
Galp Energia, SGPS Trading Down 0.9 %
Galp Energia, SGPS stock opened at $8.66 on Thursday. The stock has a 50-day moving average price of $8.26 and a 200 day moving average price of $8.56. The company has a market capitalization of $12.04 billion, a price-to-earnings ratio of 9.21 and a beta of 0.43. Galp Energia, SGPS has a 52 week low of $7.72 and a 52 week 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.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded shares of Galp Energia, SGPS from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 4th.
About Galp Energia, SGPS
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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