OMV Aktiengesellschaft (OTCMKTS:OMVKY) Share Price Crosses Above 200 Day Moving Average - Here's Why

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.72 and traded as high as $12.34. OMV Aktiengesellschaft shares last traded at $12.04, with a volume of 10,913 shares traded.

Analyst Upgrades and Downgrades

OMVKY has been the subject of a number of analyst reports. Berenberg Bank upgraded OMV Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 18th. Cfra Research raised OMV Aktiengesellschaft to a "moderate sell" rating in a research report on Wednesday, April 9th.

OMV Aktiengesellschaft Stock Up 1.0 %

The stock's 50-day moving average price is $12.01 and its two-hundred day moving average price is $10.78. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $17.07 billion, a P/E ratio of 5.24, a P/E/G ratio of 0.80 and a beta of 0.35.

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $0.41 by $1.40. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. As a group, research analysts expect 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.