OMV (OTCMKTS:OMVKY – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Monday,Zacks.com reports.
OMV Trading Up 0.5%
OTCMKTS:OMVKY opened at $17.99 on Monday. OMV has a one year low of $12.52 and a one year high of $19.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 1.24. The company’s 50-day simple moving average is $17.29 and its 200 day simple moving average is $16.71. The firm has a market capitalization of $23.55 billion, a P/E ratio of 2.14 and a beta of -0.07.
About OMV
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.
Featured Articles
- Five stocks we like better than OMV
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
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.
