OMV AG (OTCMKTS:OMVKY) Receives Consensus Recommendation of “Strong Sell” from Brokerages

OMV AG (OTCMKTS:OMVKY) has been given an average rating of “Strong Sell” by the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell rating and three have issued a hold rating on the company.

Separately, Zacks Research lowered shares of OMV from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th.

OMV Stock Down 1.4%

Shares of OMV stock opened at $18.25 on Friday. OMV has a one year low of $12.52 and a one year high of $19.00. The company has a market cap of $23.89 billion, a P/E ratio of 2.17 and a beta of -0.07. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.24 and a current ratio of 1.50. The firm has a fifty day moving average of $17.30 and a two-hundred day moving average of $16.78.

OMV Company Profile

OMV AG is an Austrian integrated energy company founded in 1956 and headquartered in Vienna. The firm operates across the oil and gas value chain, with core activities in exploration and production, refining and marketing, petrochemicals, gas trading and storage, and a large retail network of service stations and convenience offerings in Central and Eastern Europe. OMV’s business model combines upstream resource development with downstream processing and commercial distribution to supply fuels, lubricants and chemical feedstocks.

In upstream, OMV pursues oil and natural gas exploration and production projects and participates in both onshore and offshore developments.