OMV Aktiengesellschaft (OTCMKTS:OMVKY) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.17 and traded as high as $13.36. OMV Aktiengesellschaft shares last traded at $13.31, with a volume of 1,644 shares traded.

Wall Street Analysts Forecast Growth

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

OMV Aktiengesellschaft Stock Performance

The company has a market cap of $17.48 billion, a P/E ratio of 5.36, a PEG ratio of 0.80 and a beta of 0.25. The company has a 50 day moving average price of $12.74 and a 200-day moving average price of $11.20. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28.

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 (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.91. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. The company had revenue of $6.75 billion during the quarter, compared to analysts' expectations of $9.29 billion. Equities analysts expect that OMV Aktiengesellschaft will post 1.64 EPS for the current fiscal year.

About OMV Aktiengesellschaft

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.