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

OMV AG (OTCMKTS:OMVKY) has been given a consensus recommendation of “Reduce” by the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

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

OMV Trading Up 0.7%

Shares of OMV stock opened at $20.85 on Friday. OMV has a 1 year low of $12.52 and a 1 year high of $20.95. The company’s fifty day simple moving average is $18.82 and its 200-day simple moving average is $17.83. The company has a market cap of $27.29 billion, a price-to-earnings ratio of 2.21 and a beta of -0.07. The company has a current ratio of 1.22, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27.

About OMV

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.