OMV AG (OTCMKTS:OMVKY) Given Consensus Rating of “Strong Sell” by Analysts

Shares of OMV AG (OTCMKTS:OMVKY) have been assigned a consensus recommendation of “Strong Sell” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company.

Separately, Zacks Research downgraded shares of OMV from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th.

OMV Price Performance

Shares of OMVKY opened at $17.68 on Friday. The company has a 50 day moving average price of $17.27 and a 200-day moving average price of $16.82. OMV has a fifty-two week low of $12.52 and a fifty-two week high of $19.00. The stock has a market capitalization of $23.14 billion, a PE ratio of 2.10 and a beta of -0.07. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.24 and a current ratio of 1.50.

About OMV

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.