OMV AG (OTCMKTS:OMVKY) Receives Consensus Recommendation of “Strong Sell” from Analysts

OMV AG (OTCMKTS:OMVKY) has been assigned an average rating of “Strong Sell” from the seven analysts that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating and three have given a hold rating to the company.

Separately, Zacks Research lowered OMV from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th.

OMV Price Performance

Shares of OTCMKTS OMVKY opened at $19.50 on Wednesday. The company has a fifty day moving average price of $17.37 and a 200 day moving average price of $17.29. The firm has a market cap of $25.53 billion, a PE ratio of 2.06 and a beta of -0.08. The company has a current ratio of 1.50, a quick ratio of 1.24 and a debt-to-equity ratio of 0.25. OMV has a 1-year low of $12.52 and a 1-year high of $19.64.

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.