OMV (OTCMKTS:OMVKY) Sets New 1-Year High - Here's What Happened

Key Points

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OMV AG (OTCMKTS:OMVKY - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $14.09 and last traded at $14.09, with a volume of 302 shares changing hands. The stock had previously closed at $13.76.

OMV Price Performance

The stock's fifty day moving average price is $13.39 and its two-hundred day moving average price is $12.58. The firm has a market capitalization of $18.23 billion, a price-to-earnings ratio of 4.51, a price-to-earnings-growth ratio of 1.65 and a beta of 0.28. The company has a current ratio of 1.64, a quick ratio of 1.35 and a debt-to-equity ratio of 0.24.

OMV (OTCMKTS:OMVKY - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $1.00. OMV had a net margin of 3.12% and a return on equity of 7.02%. The business had revenue of $6.64 billion for the quarter, compared to analyst estimates of $8.41 billion. Equities research analysts expect that OMV AG will post 1.64 EPS for the current year.

OMV Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 17th. Investors of record on Friday, June 6th were paid a dividend of $0.3423 per share. This represents a yield of 256.0%. The ex-dividend date was Thursday, June 5th. OMV's dividend payout ratio (DPR) is currently 18.77%.

OMV 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.

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