OMV Aktiengesellschaft (OTCMKTS:OMVKY) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Shares of OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.91 and traded as high as $13.15. OMV Aktiengesellschaft shares last traded at $12.87, with a volume of 12,997 shares.

Wall Street Analysts Forecast Growth

OMVKY has been the topic of a number of analyst reports. Berenberg Bank raised OMV Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research report 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 Down 1.1%

The company's 50-day moving average is $12.44 and its 200 day moving average is $10.96. The company has a market capitalization of $16.94 billion, a PE ratio of 5.20, a P/E/G ratio of 0.80 and a beta of 0.25. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.71.

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $1.33 EPS 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 analyst estimates of $9.29 billion. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. As a group, 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.