Repsol (OTCMKTS:REPYF) Trading 4.9% Higher – What’s Next?

Repsol, S.A. (OTCMKTS:REPYF) was up 4.9% during trading on Wednesday . The company traded as high as $14.36 and last traded at $14.36. Approximately 1,100 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 1,593 shares. The stock had previously closed at $13.70.

Repsol Price Performance

The stock’s 50-day moving average price is $12.62 and its 200 day moving average price is $12.41.

Institutional Investors Weigh In On Repsol

A hedge fund recently bought a new stake in Repsol stock. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Repsol, S.A. (OTCMKTS:REPYF) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 131,427 shares of the company’s stock, valued at approximately $1,590,000. Hedge funds and other institutional investors own 23.76% of the company’s stock.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company’s Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.