Shares of OMV AG (OTCMKTS:OMVKY – Get Free Report) saw an uptick in trading volume on Tuesday . Approximately 52,943 shares were traded during trading, an increase of 128% from the previous session’s volume of 23,187 shares.The stock last traded at $18.96 and had previously closed at $18.70.
Analysts Set New Price Targets
Separately, Zacks Research downgraded OMV from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Three analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Sell”.
Get Our Latest Analysis on OMV
OMV Trading Up 1.3%
OMV Company Profile
OMV AG is an Austrian integrated energy company founded in 1956 and headquartered in Vienna. The firm operates across the oil and gas value chain, with core activities in exploration and production, refining and marketing, petrochemicals, gas trading and storage, and a large retail network of service stations and convenience offerings in Central and Eastern Europe. OMV’s business model combines upstream resource development with downstream processing and commercial distribution to supply fuels, lubricants and chemical feedstocks.
In upstream, OMV pursues oil and natural gas exploration and production projects and participates in both onshore and offshore developments.
Further Reading
- Five stocks we like better than OMV
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for OMV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMV and related companies with MarketBeat.com's FREE daily email newsletter.
