OMV (OTCMKTS:OMVKY) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of OMV (OTCMKTS:OMVKY) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday,Zacks reports.

OMV Price Performance

OMVKY stock opened at $20.79 on Wednesday. The firm has a 50 day moving average of $19.15 and a 200-day moving average of $17.97. OMV has a 12-month low of $12.52 and a 12-month high of $21.05. The company has a current ratio of 1.22, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The company has a market cap of $27.22 billion, a price-to-earnings ratio of 2.20 and a beta of -0.07.

OMV Company Profile

OMV Aktiengesellschaft is an Austria-based, integrated energy, fuels and chemicals company headquartered in Vienna. Founded in 1956 as Österreichische Mineralölverwaltung, the company has developed from a national oil enterprise into an international energy group serving customers primarily in Europe and selected markets in the Middle East and North Africa.

OMV’s energy operations include the exploration and production of crude oil and natural gas, natural gas trading and supply, and the processing and marketing of fuels.