OMV Aktiengesellschaft (OTCMKTS:OMVKY) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Shares of OMV Aktiengesellschaft (OTCMKTS:OMVKY) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.65 and traded as high as $11.89. OMV Aktiengesellschaft shares last traded at $11.89, with a volume of 45,080 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised OMV Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 18th.

OMV Aktiengesellschaft Trading Down 2.5 %

The stock has a market capitalization of $15.57 billion, a PE ratio of 4.78, a price-to-earnings-growth ratio of 0.80 and a beta of 0.35. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average price of $11.50 and a 200-day moving average price of $10.65.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $1.40. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. As a group, equities analysts forecast that OMV Aktiengesellschaft will post 1.64 EPS for the current fiscal year.

OMV Aktiengesellschaft Company Profile

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.