OMV (OTCMKTS:OMVKY) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

OMV AG (OTCMKTS:OMVKY) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.72 and traded as high as $14.08. OMV shares last traded at $13.95, with a volume of 2,397 shares trading hands.

OMV Stock Down 2.9%

The business has a 50 day moving average of $13.53 and a 200 day moving average of $12.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.64 and a quick ratio of 1.35. The firm has a market capitalization of $18.26 billion, a price-to-earnings ratio of 4.51, a price-to-earnings-growth ratio of 1.70 and a beta of 0.28.

OMV (OTCMKTS:OMVKY) last issued its earnings results on Thursday, July 31st. The company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $1.00. The business had revenue of $6.64 billion during the quarter, compared to analyst estimates of $8.41 billion. OMV had a return on equity of 7.02% and a net margin of 3.12%. On average, equities analysts anticipate that OMV AG will post 1.64 EPS for the current year.

OMV Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 17th. Shareholders of record on Friday, June 6th were given a $0.3423 dividend. This represents a yield of 256.0%. The ex-dividend date was Thursday, June 5th. OMV’s dividend payout ratio is 18.77%.

About OMV

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.