OMV Aktiengesellschaft (OTCMKTS:OMVKY) Short Interest Up 4,100.0% in March

OMV Aktiengesellschaft (OTCMKTS:OMVKY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 4,200 shares, a growth of 4,100.0% from the February 28th total of 100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 23,200 shares, the short-interest ratio is currently 0.2 days.

OMV Aktiengesellschaft Stock Up 0.9 %

Shares of OTCMKTS OMVKY opened at $12.99 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 0.28. OMV Aktiengesellschaft has a 12-month low of $9.42 and a 12-month high of $13.17. The firm’s 50-day moving average price is $11.00 and its 200-day moving average price is $10.48. The stock has a market capitalization of $17.01 billion, a price-to-earnings ratio of 5.22, a P/E/G ratio of 0.80 and a beta of 0.67.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $0.41 by $1.40. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. On average, equities research analysts anticipate that OMV Aktiengesellschaft will post 1.64 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Berenberg Bank raised shares of OMV Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 18th.

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.