OMV AG (OTCMKTS:OMVKY) Given Average Recommendation of “Strong Sell” by Brokerages

OMV AG (OTCMKTS:OMVKY) has been given a consensus rating of “Strong Sell” by the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company.

Separately, Zacks Research cut OMV from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th.

OMV Trading Up 0.3%

OTCMKTS OMVKY opened at $18.35 on Friday. The stock has a market capitalization of $24.02 billion, a PE ratio of 2.18 and a beta of -0.07. The firm has a 50 day moving average of $17.24 and a two-hundred day moving average of $16.92. The company has a quick ratio of 1.24, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. OMV has a 52 week low of $12.52 and a 52 week high of $19.00.

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.