OMV Aktiengesellschaft (OTCMKTS:OMVJF) Hits New 52-Week High - Time to Buy?

Key Points

• OMV Aktiengesellschaft (OTCMKTS:OMVJF) reached a new 52-week high of $70.05 in mid-day trading, last trading at $70.05 on a volume of 400 shares after previously closing at $67.31 (up ~1.1%).
• The company has a market capitalization of $22.74 billion, a P/E ratio of 13.48 and a beta of 0.82, with 50-day and 200-day moving averages of $63.77 and $57.62 respectively.
• OMV is an integrated oil and gas company based in Vienna that operates across exploration & production, refining, petrochemicals and retail distribution through service stations and trading.

Shares of OMV Aktiengesellschaft (OTCMKTS:OMVJF - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $70.05 and last traded at $70.05, with a volume of 400 shares trading hands. The stock had previously closed at $67.31.

OMV Aktiengesellschaft Stock Up 1.1%

The business's 50 day moving average is $63.77 and its two-hundred day moving average is $57.62. The firm has a market capitalization of $22.74 billion, a P/E ratio of 13.48 and a beta of 0.82.

OMV Aktiengesellschaft Company Profile

OMV Aktiengesellschaft is an integrated oil and gas company headquartered in Vienna, Austria. It conducts a full range of activities across the hydrocarbon value chain, including exploration and production of crude oil and natural gas, refinement of petroleum products, and the production and marketing of petrochemicals. The company serves industrial, commercial and retail customers through a combination of direct sales, wholesale trading and a network of service stations and distribution channels.

On the upstream side, OMV pursues exploration and production projects to develop oil and gas reserves, and it operates equity interests and joint ventures in producing fields and exploration licences.

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