OMV AG (OTCMKTS:OMVKY) Receives Average Rating of “Reduce” from Brokerages

OMV AG (OTCMKTS:OMVKY) has earned a consensus rating of “Reduce” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

Separately, Zacks Research upgraded shares of OMV from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th.

OMV Stock Up 0.7%

Shares of OMVKY stock opened at $20.85 on Friday. The stock’s 50 day simple moving average is $18.82 and its 200 day simple moving average is $17.83. OMV has a twelve month low of $12.52 and a twelve month high of $20.95. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.22. The company has a market capitalization of $27.29 billion, a price-to-earnings ratio of 2.21 and a beta of -0.07.

OMV Company Profile

OMV Aktiengesellschaft is an Austria-based, integrated energy, fuels and chemicals company headquartered in Vienna. Founded in 1956 as Österreichische Mineralölverwaltung, the company has developed from a national oil enterprise into an international energy group serving customers primarily in Europe and selected markets in the Middle East and North Africa.

OMV’s energy operations include the exploration and production of crude oil and natural gas, natural gas trading and supply, and the processing and marketing of fuels.