OMV Aktiengesellschaft (OTCMKTS:OMVKY) Shares Pass Above 200 Day Moving Average - Time to Sell?

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.56 and traded as high as $13.00. OMV Aktiengesellschaft shares last traded at $12.92, with a volume of 7,584 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised OMV Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 18th.

OMV Aktiengesellschaft Stock Down 2.8 %

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.71 and a quick ratio of 1.26. The stock has a market capitalization of $15.19 billion, a PE ratio of 4.66, a PEG ratio of 0.80 and a beta of 0.35. The company has a 50 day moving average price of $11.34 and a 200-day moving average price of $10.60.

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $1.40. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. As a group, analysts forecast that OMV Aktiengesellschaft will post 1.64 earnings per share for the current fiscal year.

OMV Aktiengesellschaft Company Profile

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.