OMV Aktiengesellschaft (OTCMKTS:OMVJF – Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 171,600 shares, a decrease of 14.8% from the December 15th total of 201,500 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 858.0 days.
OMV Aktiengesellschaft Price Performance
OMV Aktiengesellschaft stock opened at $40.03 on Friday. The company has a market capitalization of $13.09 billion, a P/E ratio of 7.76 and a beta of 0.82. The stock’s 50 day moving average is $39.01 and its 200 day moving average is $41.20. OMV Aktiengesellschaft has a twelve month low of $37.04 and a twelve month high of $52.00.
Wall Street Analyst Weigh In
Separately, BNP Paribas upgraded OMV Aktiengesellschaft to a “strong-buy” rating in a research note on Wednesday, October 9th.
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.
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