OMV Aktiengesellschaft (OTCMKTS:OMVKY) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

OMV Aktiengesellschaft (OTCMKTS:OMVKY) shares passed 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 changing hands.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Berenberg Bank upgraded OMV Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 18th. Cfra Research raised OMV Aktiengesellschaft to a “moderate sell” rating in a research note on Wednesday, April 9th.

OMV Aktiengesellschaft Trading Up 0.3%

The firm has a market cap of $17.42 billion, a P/E ratio of 5.35, a PEG ratio of 0.80 and a beta of 0.25. The company has a 50 day moving average of $12.70 and a 200 day moving average of $11.17. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.71.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.33 EPS 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 analysts’ expectations of $9.29 billion. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. Analysts predict that OMV Aktiengesellschaft will post 1.64 EPS for the current fiscal year.

OMV Aktiengesellschaft 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.