OMV (OTCMKTS:OMVKY) Rating Lowered to Strong Sell at Zacks Research

OMV (OTCMKTS:OMVKYGet Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

OMV Trading Up 0.5%

OTCMKTS OMVKY opened at $17.99 on Monday. The stock has a market capitalization of $23.55 billion, a P/E ratio of 2.14 and a beta of -0.07. OMV has a 52-week low of $12.52 and a 52-week high of $19.00. The firm has a 50-day moving average price of $17.29 and a 200 day moving average price of $16.71. The company has a quick ratio of 1.24, a current ratio of 1.50 and a debt-to-equity ratio of 0.25.

OMV Company Profile

(Get Free Report)

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.

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Analyst Recommendations for OMV (OTCMKTS:OMVKY)

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