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

Shares of OMV AG (OTCMKTS:OMVKY) have been assigned an average rating of “Strong Sell” from the seven analysts that are covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell rating and three have assigned a hold rating to the company.

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

OMV Price Performance

OTCMKTS:OMVKY opened at $19.50 on Wednesday. OMV has a 52-week low of $12.52 and a 52-week high of $19.64. The company has a market cap of $25.53 billion, a P/E ratio of 2.06 and a beta of -0.08. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.24 and a current ratio of 1.50. The stock’s 50-day simple moving average is $17.37 and its 200 day simple moving average is $17.29.

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.