Zacks Investment Research Lowers OMV (OTCMKTS:OMVJF) to Hold

Share on StockTwits

OMV (OTCMKTS:OMVJF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday, Zacks.com reports.

According to Zacks, “OMV Aktiengesellschaft (OMV AG) is an Austria-based integrated oil and gas company. It operates through two segments: Upstream and Downstream. The Upstream segment focuses on the exploration, development and production of oil and gas in three core regions: Central and Eastern Europe (CEE), the North Sea, as well as the Middle East and Africa. The Downstream segment comprises two business units: Downstream Oil, that operates around 3,800 filling stations in approximately 10 countries, refineries in Austria and Germany, both of which feature integrated petrochemical production, as well as the Petrobrazi refinery in Romania, which processes predominantly Romanian crude oil, and Downstream Gas, that focuses on gas trade and sales, as well as owns a pipeline network and gas storage facilities in Austria. “

OTCMKTS:OMVJF opened at $52.50 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.08 and a current ratio of 1.24. The stock’s 50-day simple moving average is $50.74 and its 200 day simple moving average is $52.99. The company has a market cap of $17.14 billion, a P/E ratio of 9.11, a P/E/G ratio of 0.96 and a beta of 0.12. OMV has a 52-week low of $48.50 and a 52-week high of $57.20.

About OMV

OMV Aktiengesellschaft operates as an integrated oil and gas company. The company operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Central and Eastern Europe, North Sea, Russia, the Middle East and Africa, and the Asia- Pacific.

Further Reading: How to use beta for portfolio diversification

Get a free copy of the Zacks research report on OMV (OMVJF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for OMV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMV and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

ShowHand Price Up 12.6% Over Last 7 Days
ShowHand Price Up 12.6% Over Last 7 Days
MIR COIN  Trading Up 82.3% Over Last Week
MIR COIN Trading Up 82.3% Over Last Week
Critical Contrast: FRP  and Consorcio Ara SAB de CV
Critical Contrast: FRP and Consorcio Ara SAB de CV
Universal Corp  Sees Significant Growth in Short Interest
Universal Corp Sees Significant Growth in Short Interest
CPUchain  Price Hits $0.0027 on Top Exchanges
CPUchain Price Hits $0.0027 on Top Exchanges
Cincinnati Bell Inc.  Sees Large Increase in Short Interest
Cincinnati Bell Inc. Sees Large Increase in Short Interest


© 2006-2019 Ticker Report