OMV AG (OTCMKTS:OMVKY – Get Free Report) has been given an average rating of “Reduce” by the seven research firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a strong buy recommendation on the company.
Several research analysts have recently issued reports on the stock. Royal Bank Of Canada upgraded shares of OMV from an “underperform” rating to a “sector perform” rating in a report on Tuesday, October 6th. HSBC reissued a “reduce” rating on shares of OMV in a research note on Friday, September 25th. Zacks Research raised OMV from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. Finally, Barclays reaffirmed an “underweight” rating on shares of OMV in a report on Monday, October 5th.
View Our Latest Analysis on OMVKY
OMV Trading Down 1.8%
OMVKY stock opened at $19.99 on Monday. The firm has a market cap of $26.17 billion, a P/E ratio of 1.80 and a beta of -0.04. 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 company’s 50-day simple moving average is $20.46 and its 200-day simple moving average is $18.11. OMV has a 52-week low of $13.37 and a 52-week high of $21.23.
About OMV
OMV AG (OTCMKTS:OMVKY) is an Austria-based, integrated energy, fuels and chemicals company. Its operations span the energy value chain, including exploration and production of crude oil and natural gas, natural gas marketing, fuel refining and distribution, and the development of lower-carbon energy solutions.
The company supplies fuels, feedstocks and other energy products to customers in Central and Southeastern Europe and selected international markets. OMV operates refining and retail businesses, including service stations, and has historically maintained upstream activities in countries such as Austria, Romania, Norway and the United Arab Emirates.
Further Reading
- Five stocks we like better than OMV
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
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.
