OMV Aktiengesellschaft (OTCMKTS:OMVJF) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

OMV Aktiengesellschaft (OTCMKTS:OMVJF)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $39.07 and traded as high as $39.59. OMV Aktiengesellschaft shares last traded at $39.59, with a volume of 282 shares changing hands.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded OMV Aktiengesellschaft to a “strong-buy” rating in a research note on Wednesday, October 9th.

OMV Aktiengesellschaft Trading Up 6.9 %

The stock has a market cap of $12.94 billion, a P/E ratio of 7.67 and a beta of 0.82. The company’s 50-day simple moving average is $39.07 and its 200 day simple moving average is $41.22.

OMV Aktiengesellschaft 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.