Galp Energia, SGPS (OTCMKTS:GLPEY) Sets New 12-Month Low – Here’s What Happened

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $7.07 and last traded at $7.18, with a volume of 153215 shares traded. The stock had previously closed at $7.83.

Galp Energia, SGPS Price Performance

The firm has a 50 day moving average of $8.20 and a 200-day moving average of $8.52. The company has a current ratio of 1.64, a quick ratio of 1.40 and a debt-to-equity ratio of 0.54. The company has a market cap of $9.99 billion, a P/E ratio of 7.64 and a beta of 0.24.

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.

Further Reading

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