OMV Aktiengesellschaft (OTCMKTS:OMVJF) Reaches New 52-Week Low – Here’s What Happened

OMV Aktiengesellschaft (OTCMKTS:OMVJF)’s share price reached a new 52-week low on Wednesday . The company traded as low as $39.53 and last traded at $39.53, with a volume of 12 shares trading hands. The stock had previously closed at $39.53.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on OMVJF. BNP Paribas raised OMV Aktiengesellschaft to a “strong-buy” rating in a research report on Wednesday, October 9th. UBS Group raised OMV Aktiengesellschaft to a “hold” rating in a report on Thursday, August 1st.

OMV Aktiengesellschaft Stock Performance

The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 7.65 and a beta of 0.82. The company’s 50 day moving average is $41.60 and its 200 day moving average is $43.76.

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.