Galp Energia, SGPS (OTCMKTS:GLPEY) Sets New 12-Month High at $11.03

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

Galp Energia, SGPS Trading Up 1.5 %

The company’s fifty day simple moving average is $10.49 and its two-hundred day simple moving average is $8.88.

Galp Energia, SGPS (OTCMKTS:GLPEY) last posted its quarterly earnings results on Tuesday, April 30th. The energy company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.09. The firm had revenue of $5.81 billion for the quarter. Sell-side 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 disclosed a dividend, which was paid on Monday, June 17th. Investors of record on Monday, June 3rd were paid a dividend of $0.1464 per share. The ex-dividend date was Monday, June 3rd.

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.