OMV AG (OTCMKTS:OMVKY – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 26,299 shares, a decrease of 77.4% from the May 14th total of 116,458 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 55,092 shares, the short-interest ratio is currently 0.5 days.
OMV Stock Up 1.8%
OMVKY stock traded up $0.30 during trading hours on Thursday, reaching $17.01. 36,766 shares of the stock were exchanged, compared to its average volume of 17,330. The firm’s 50-day moving average is $17.90 and its 200-day moving average is $16.15. The company has a market cap of $22.26 billion, a price-to-earnings ratio of 2.02 and a beta of -0.08. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 1.24. OMV has a 12 month low of $12.52 and a 12 month high of $19.00.
Wall Street Analyst Weigh In
A number of research firms have issued reports on OMVKY. Zacks Research cut OMV from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Jefferies Financial Group cut OMV from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th. Four investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.
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.
Read More
- Five stocks we like better than OMV
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
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.
