OMV AG (OTCMKTS:OMVKY – Get Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 39,865 shares, a decrease of 48.8% from the July 15th total of 77,802 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 46,765 shares, the short-interest ratio is currently 0.9 days.
OMV Stock Performance
Shares of OMVKY traded up $0.14 during mid-day trading on Monday, hitting $19.24. The stock had a trading volume of 14,994 shares, compared to its average volume of 23,066. OMV has a 52 week low of $12.52 and a 52 week high of $19.25. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 1.24. The business has a fifty day moving average price of $17.29 and a 200-day moving average price of $17.23. The firm has a market cap of $25.19 billion, a P/E ratio of 2.04 and a beta of -0.08.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered OMV from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Three equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, OMV presently has an average rating of “Strong Sell”.
OMV Company Profile
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.
Featured Stories
- Five stocks we like better than OMV
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for OMV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMV and related companies with MarketBeat.com's FREE daily email newsletter.
