Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVKY) Increases By 440.5%

OMV Aktiengesellschaft (OTCMKTS:OMVKY) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 22,700 shares, an increase of 440.5% from the March 15th total of 4,200 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 26,200 shares, the short-interest ratio is currently 0.9 days.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Berenberg Bank upgraded OMV Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 18th. Cfra Research raised OMV Aktiengesellschaft to a “moderate sell” rating in a research note on Wednesday, April 9th.

OMV Aktiengesellschaft Stock Down 2.0 %

OMV Aktiengesellschaft stock traded down $0.24 during trading on Monday, reaching $11.96. The stock had a trading volume of 19,234 shares, compared to its average volume of 19,533. OMV Aktiengesellschaft has a 52-week low of $9.42 and a 52-week high of $13.17. The business has a 50 day moving average price of $11.54 and a 200 day moving average price of $10.66. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28. The stock has a market cap of $15.66 billion, a PE ratio of 4.80, a P/E/G ratio of 0.80 and a beta of 0.35.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, analysts predict that OMV Aktiengesellschaft will post 1.64 EPS for the current year.

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.