OMV Aktiengesellschaft (OTCMKTS:OMVKY) Raised to Moderate Sell at Cfra Research

OMV Aktiengesellschaft (OTCMKTS:OMVKY) was upgraded by equities researchers at Cfra Research to a “moderate sell” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Berenberg Bank raised OMV Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 18th.

OMV Aktiengesellschaft Stock Up 1.6 %

Shares of OTCMKTS:OMVKY opened at $12.09 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28. The firm has a market cap of $15.82 billion, a P/E ratio of 4.85, a P/E/G ratio of 0.80 and a beta of 0.35. OMV Aktiengesellschaft has a 12 month low of $9.42 and a 12 month high of $13.17. The company’s 50-day moving average price is $11.54 and its two-hundred day moving average price is $10.66.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $1.40. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. As a group, research analysts forecast 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.