OMV AG (OTCMKTS:OMVKY) Given Consensus Rating of “Reduce” by Brokerages

Shares of OMV AG (OTCMKTS:OMVKY) have received a consensus rating of “Reduce” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a strong buy recommendation to the company.

Separately, Zacks Research upgraded shares of OMV from a “hold” rating to a “strong-buy” rating in a research note on Wednesday.

OMV Trading Down 0.4%

Shares of OMVKY stock opened at $20.70 on Friday. The company has a market cap of $27.10 billion, a P/E ratio of 2.19 and a beta of -0.07. The stock has a 50 day simple moving average of $19.21 and a two-hundred day simple moving average of $17.99. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.22. OMV has a fifty-two week low of $12.52 and a fifty-two week high of $21.05.

OMV Company Profile

OMV Aktiengesellschaft is an Austria-based, integrated energy, fuels and chemicals company headquartered in Vienna. Founded in 1956 as Österreichische Mineralölverwaltung, the company has developed from a national oil enterprise into an international energy group serving customers primarily in Europe and selected markets in the Middle East and North Africa.

OMV’s energy operations include the exploration and production of crude oil and natural gas, natural gas trading and supply, and the processing and marketing of fuels.