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

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.21 and last traded at $13.09, with a volume of 8733 shares changing hands. The stock had previously closed at $13.04.

Analysts Set New Price Targets

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

OMV Aktiengesellschaft Trading Down 2.1 %

The company has a 50 day moving average of $12.25 and a 200 day moving average of $10.86. The firm has a market cap of $16.79 billion, a price-to-earnings ratio of 5.15, a price-to-earnings-growth ratio of 0.80 and a beta of 0.35. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 0.28.

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $0.42 by $0.91. The company had revenue of $6.75 billion for the quarter, compared to the consensus estimate of $9.29 billion. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. As a group, research analysts anticipate that OMV Aktiengesellschaft will post 1.64 EPS for the current 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.