OMV Aktiengesellschaft (OTCMKTS:OMVKY) Reaches New 12-Month High - Should You Buy?

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $13.73 and last traded at $13.63, with a volume of 6266 shares trading hands. The stock had previously closed at $13.31.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on OMVKY shares. Cfra Research raised shares of OMV Aktiengesellschaft to a "moderate sell" rating in a report on Wednesday, April 9th. Berenberg Bank raised shares of OMV Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 18th.

OMV Aktiengesellschaft Stock Up 0.2%

The company has a market capitalization of $17.48 billion, a PE ratio of 5.36, a price-to-earnings-growth ratio of 0.80 and a beta of 0.25. 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 50-day moving average of $12.77 and a two-hundred day moving average of $11.25.

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.91. The business had revenue of $6.75 billion during the quarter, compared to analysts' expectations of $9.29 billion. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. Equities research analysts predict that OMV Aktiengesellschaft will post 1.64 earnings per share for the current fiscal year.

OMV Aktiengesellschaft Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Friday, June 6th will be paid a dividend of $0.3423 per share. This represents a yield of 2.56%. The ex-dividend date of this dividend is Thursday, June 5th. OMV Aktiengesellschaft's dividend payout ratio (DPR) is presently 21.88%.

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.