Galp Energia, SGPS (OTCMKTS:GLPEY) Hits New 52-Week High at $11.03

Posted by Samantha Reynolds on Jul 3rd, 2024

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $11.03 and last traded at $11.01, with a volume of 34881 shares. The stock had previously closed at $10.85.

Galp Energia, SGPS Trading Up 1.5 %

The company has a 50-day moving average price of $10.48 and a 200-day moving average price of $8.85.

Galp Energia, SGPS (OTCMKTS:GLPEY – Get Free Report) last posted its earnings results on Tuesday, April 30th. The energy company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. The company had revenue of $5.81 billion during the quarter. Equities research analysts predict that Galp Energia, SGPS, S.A. will post 0.72 earnings per share for the current year.

Galp Energia, SGPS Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were issued a $0.1464 dividend. The ex-dividend date of this dividend was Monday, June 3rd.

Galp Energia, SGPS Company Profile

(Get Free Report)

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.