OMV Aktiengesellschaft (OTCMKTS:OMVKY) Raised to Strong-Buy at Berenberg Bank

OMV Aktiengesellschaft (OTCMKTS:OMVKY) was upgraded by equities researchers at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

OMV Aktiengesellschaft Stock Down 0.6 %

OTCMKTS:OMVKY opened at $12.44 on Tuesday. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28. OMV Aktiengesellschaft has a 12-month low of $9.42 and a 12-month high of $13.17. The firm has a market capitalization of $16.29 billion, a P/E ratio of 5.00, a P/E/G ratio of 0.80 and a beta of 0.67. The stock’s fifty day simple moving average is $10.69 and its 200-day simple moving average is $10.40.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last posted its earnings results on Thursday, February 6th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $0.41 by $1.40. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. Equities research analysts expect that OMV Aktiengesellschaft will post 1.64 earnings per share for the current 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.