OMV (OTCMKTS:OMVKY – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.
OMV Price Performance
Shares of OTCMKTS:OMVKY opened at $19.97 on Tuesday. OMV has a fifty-two week low of $12.52 and a fifty-two week high of $20.04. The business has a 50-day simple moving average of $17.44 and a two-hundred day simple moving average of $17.33. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.24 and a current ratio of 1.50. The firm has a market cap of $26.14 billion, a price-to-earnings ratio of 2.11 and a beta of -0.08.
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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