OMV Aktiengesellschaft (OTCMKTS:OMVJF) Hits New 52-Week High – Time to Buy?

OMV Aktiengesellschaft (OTCMKTS:OMVJF) hit a new 52-week high during trading on Friday. The company traded as high as $84.10 and last traded at $84.10, with a volume of 100 shares trading hands. The stock had previously closed at $81.95.

OMV Aktiengesellschaft Price Performance

The stock has a market capitalization of $27.50 billion, a P/E ratio of 16.30 and a beta of 0.82. The stock has a fifty day moving average price of $79.65 and a 200 day moving average price of $69.86.

About OMV Aktiengesellschaft

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 and gas business into an international energy group serving customers across Europe and selected markets in the Middle East and North Africa.

OMV’s activities include the exploration and production of crude oil and natural gas, natural gas marketing, refining, and the sale of fuels and other energy products.