OMV (OTCMKTS:OMVKY) Upgraded at Zacks Research

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

Other analysts have also issued research reports about the stock. Royal Bank Of Canada started coverage on shares of OMV in a research note on Wednesday, September 24th. They issued a “sector perform” rating on the stock. Erste Group Bank upgraded OMV to a “hold” rating in a research note on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

OMV Trading Up 0.5%

OTCMKTS OMVKY opened at $14.23 on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.35 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $13.43 and a 200 day simple moving average of $13.39. OMV has a 12 month low of $9.42 and a 12 month high of $14.37. The firm has a market capitalization of $18.63 billion, a P/E ratio of 3.37 and a beta of 0.22.

OMV (OTCMKTS:OMVKY) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $2.18 EPS for the quarter, beating the consensus estimate of $0.43 by $1.75. The firm had revenue of $7.30 billion during the quarter, compared to analyst estimates of $8.06 billion. OMV had a net margin of 4.57% and a return on equity of 8.24%. On average, analysts predict that OMV will post 1.64 EPS for the current fiscal year.

OMV 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.