OMV (OTCMKTS:OMVKY – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.
OMV Stock Performance
Shares of OMVKY opened at $17.99 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 1.24. OMV has a one year low of $12.52 and a one year high of $19.00. The company has a 50-day simple moving average of $17.29 and a two-hundred day simple moving average of $16.71. The firm has a market capitalization of $23.55 billion, a PE ratio of 2.14 and a beta of -0.07.
About OMV
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.
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