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OMV Aktiengesellschaft (OTCMKTS:OMVKY) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

OMV Aktiengesellschaft logo with Oils/Energy background
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OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.40 and traded as high as $12.58. OMV Aktiengesellschaft shares last traded at $12.44, with a volume of 41,420 shares changing hands.

Analyst Ratings Changes

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

Read Our Latest Analysis on OMVKY

OMV Aktiengesellschaft Stock Down 1.7 %

The business has a 50-day moving average price of $10.79 and a two-hundred day moving average price of $10.42. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28. The firm has a market cap of $16.02 billion, a PE ratio of 4.92, a price-to-earnings-growth ratio of 0.80 and a beta of 0.67.

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

About OMV Aktiengesellschaft

(Get Free Report)

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.

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