OMV Aktiengesellschaft (OTCMKTS:OMVKY) Short Interest Update

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 22,700 shares, an increase of 440.5% from the March 15th total of 4,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 26,200 shares, the short-interest ratio is presently 0.9 days.

OMV Aktiengesellschaft Price Performance

OMVKY stock traded down $0.02 during midday trading on Friday, reaching $12.34. The stock had a trading volume of 7,756 shares, compared to its average volume of 19,133. OMV Aktiengesellschaft has a 52-week low of $9.42 and a 52-week high of $13.17. The company has a market cap of $16.15 billion, a price-to-earnings ratio of 4.96, a price-to-earnings-growth ratio of 0.80 and a beta of 0.35. The company's fifty day simple moving average is $11.78 and its 200 day simple moving average is $10.72. 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 announced its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $1.40. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. As a group, sell-side analysts predict that OMV Aktiengesellschaft will post 1.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.