OMV AG (OTCMKTS:OMVKY – Get Free Report) saw strong trading volume on Monday. Approximately 120,096 shares were traded during trading, an increase of 457% from the average daily volume of 21,573 shares. The stock last traded at $19.92 and had previously closed at $20.36.
Wall Street Analyst Weigh In
OMVKY has been the subject of a number of analyst reports. HSBC reissued a “reduce” rating on shares of OMV in a report on Friday, September 25th. Royal Bank Of Canada upgraded OMV from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, October 6th. Barclays reaffirmed an “underweight” rating on shares of OMV in a research note on Monday, October 5th. Finally, Zacks Research raised shares of OMV from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, OMV presently has an average rating of “Reduce”.
Check Out Our Latest Research Report on OMVKY
OMV Stock Performance
The company has a quick ratio of 0.92, a current ratio of 1.22 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $20.46 and a two-hundred day moving average price of $18.11. The firm has a market cap of $26.15 billion, a PE ratio of 1.80 and a beta of -0.04.
OMV Company Profile
OMV is an integrated energy and chemicals company headquartered in Vienna, Austria. Founded in 1956 as Österreichische Mineralölverwaltung, the company has expanded from its Austrian roots into international energy markets.
OMV’s activities include exploring for and producing oil and natural gas, processing and marketing fuels, and supplying natural gas and other energy products. It also produces petrochemicals, including base chemicals and polyolefins used in a range of industrial and consumer applications.
The company serves customers across Europe and operates internationally, with activities spanning parts of Central and Eastern Europe and other regions.
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