OMV AG (OTCMKTS:OMVKY - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.51 and traded as high as $13.22. OMV shares last traded at $13.16, with a volume of 93,409 shares traded.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. Berenberg Bank upgraded shares of OMV from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 18th. Cfra Research upgraded shares of OMV to a "moderate sell" rating in a report on Wednesday, April 9th.
Read Our Latest Research Report on OMV
OMV Price Performance
The stock has a market capitalization of $17.23 billion, a P/E ratio of 5.14, a price-to-earnings-growth ratio of 1.28 and a beta of 0.26. The business has a fifty day simple moving average of $12.93 and a 200 day simple moving average of $11.51. The company has a current ratio of 1.67, a quick ratio of 1.25 and a debt-to-equity ratio of 0.26.
OMV (OTCMKTS:OMVKY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.91. The company had revenue of $6.75 billion for the quarter, compared to analysts' expectations of $9.29 billion. OMV had a return on equity of 7.32% and a net margin of 3.27%. On average, analysts expect that OMV AG will post 1.64 earnings per share for the current year.
OMV Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, June 17th. Stockholders of record on Friday, June 6th were paid a $0.3423 dividend. The ex-dividend date of this dividend was Thursday, June 5th. This represents a dividend yield of 2.56%. OMV's payout ratio is 22.66%.
OMV Company Profile
(
Get Free Report)
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.
Further Reading
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