OMV Aktiengesellschaft (OTCMKTS:OMVJF) Sets New 12-Month High – Here’s Why

OMV Aktiengesellschaft (OTCMKTS:OMVJFGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $70.98 and last traded at $70.98, with a volume of 340 shares traded. The stock had previously closed at $69.49.

OMV Aktiengesellschaft Price Performance

The company has a market capitalization of $23.21 billion, a PE ratio of 13.76 and a beta of 0.82. The firm has a 50-day moving average of $68.05 and a two-hundred day moving average of $60.27.

OMV Aktiengesellschaft Company Profile

(Get Free Report)

OMV Aktiengesellschaft is an integrated oil and gas company headquartered in Vienna, Austria. It conducts a full range of activities across the hydrocarbon value chain, including exploration and production of crude oil and natural gas, refinement of petroleum products, and the production and marketing of petrochemicals. The company serves industrial, commercial and retail customers through a combination of direct sales, wholesale trading and a network of service stations and distribution channels.

On the upstream side, OMV pursues exploration and production projects to develop oil and gas reserves, and it operates equity interests and joint ventures in producing fields and exploration licences.

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