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

OMV AG (OTCMKTS:OMVKY - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.09 and traded as high as $13.65. OMV shares last traded at $13.64, with a volume of 9,630 shares trading hands.

Wall Street Analyst Weigh In

Separately, Cfra Research upgraded shares of OMV to a "moderate sell" rating in a research note on Wednesday, April 9th.

OMV Trading Down 0.6%

The business has a 50-day moving average of $13.35 and a 200-day moving average of $12.20. The stock has a market capitalization of $17.85 billion, a price-to-earnings ratio of 5.32, a PEG ratio of 1.37 and a beta of 0.27. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.35 and a current ratio of 1.64.

OMV (OTCMKTS:OMVKY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.91. The business had revenue of $6.75 billion during the quarter, compared to the consensus estimate of $9.29 billion. OMV had a return on equity of 7.36% and a net margin of 3.27%. As a group, research analysts forecast that OMV AG will post 1.64 EPS for the current year.

OMV Cuts Dividend

The firm 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 2.56%. The ex-dividend date was Thursday, June 5th. OMV's dividend payout ratio is currently 22.66%.

About OMV

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.