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OMV (OTCMKTS:OMVKY) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

OMV logo with Energy background

OMV AG (OTCMKTS:OMVKY - Get Free Report) crossed 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.

Analyst Upgrades and Downgrades

OMVKY has been the subject of a number of research analyst reports. Berenberg Bank upgraded OMV from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 18th. Cfra Research upgraded OMV to a "moderate sell" rating in a report on Wednesday, April 9th.

Check Out Our Latest Stock Analysis on OMVKY

OMV Trading Down 1.8%

The business has a fifty day moving average price of $12.99 and a two-hundred day moving average price of $11.58. The firm has a market capitalization of $17.37 billion, a PE ratio of 5.18, a PEG ratio of 1.31 and a beta of 0.26. 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 posted its quarterly earnings results on Wednesday, April 30th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.91. OMV had a return on equity of 7.32% and a net margin of 3.27%. The company had revenue of $6.75 billion for the quarter, compared to analyst estimates of $9.29 billion. Analysts expect that OMV AG will post 1.64 EPS for the current fiscal 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 $0.3423 dividend. The ex-dividend date was Thursday, June 5th. This represents a dividend yield of 2.56%. OMV's dividend payout ratio (DPR) is presently 22.66%.

About OMV

(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.

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