Zacks Research lowered shares of OMV (OTCMKTS:OMVKY – Free Report) from a hold rating to a strong sell rating in a research report released on Monday,Zacks.com reports.
OMV Stock Up 1.7%
Shares of OTCMKTS:OMVKY opened at $18.30 on Monday. The firm has a market cap of $23.96 billion, a P/E ratio of 2.18 and a beta of -0.07. The company has a quick ratio of 1.24, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. OMV has a 12-month low of $12.52 and a 12-month high of $19.00. The business has a fifty day simple moving average of $17.29 and a 200 day simple moving average of $16.74.
OMV Company Profile
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.
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