OMV Aktiengesellschaft (OTCMKTS:OMVJF) Share Price Crosses Below 50-Day Moving Average of $42.19

OMV Aktiengesellschaft (OTCMKTS:OMVJF) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $42.19 and traded as low as $41.37. OMV Aktiengesellschaft shares last traded at $41.37, with a volume of 310 shares.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of OMV Aktiengesellschaft to a “hold” rating in a research report on Thursday, August 1st.

OMV Aktiengesellschaft Stock Down 0.5 %

The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.41 and a current ratio of 1.77. The company’s 50 day moving average price is $42.19 and its 200-day moving average price is $45.08.

OMV Aktiengesellschaft (OTCMKTS:OMVJF) last issued its earnings results on Wednesday, July 31st. The company reported $1.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.13). The firm had revenue of $9.41 billion during the quarter. OMV Aktiengesellschaft had a net margin of 4.25% and a return on equity of 8.95%. Equities analysts forecast that OMV Aktiengesellschaft will post 7.39 earnings per share for the current fiscal year.

About OMV Aktiengesellschaft

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.