OMV Aktiengesellschaft (OTCMKTS:OMVKY) Sees Significant Increase in Short Interest

OMV Aktiengesellschaft (OTCMKTS:OMVKYGet Free Report) was the recipient of a large growth in short interest in the month of 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. Approximately 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.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on OMV Aktiengesellschaft

OMV Aktiengesellschaft Price Performance

OTCMKTS:OMVKY traded up $0.18 during trading hours on Wednesday, reaching $12.88. 11,285 shares of the company were exchanged, compared to its average volume of 19,216. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 0.28. The firm has a market cap of $16.86 billion, a PE ratio of 5.17, a price-to-earnings-growth ratio of 0.80 and a beta of 0.67. OMV Aktiengesellschaft has a twelve month low of $9.42 and a twelve month high of $13.17. The stock’s 50-day moving average is $10.89 and its 200-day moving average is $10.44.

OMV Aktiengesellschaft (OTCMKTS:OMVKYGet Free Report) last released its quarterly earnings results 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 net margin of 4.02% and a return on equity of 8.35%. On average, sell-side analysts anticipate that OMV Aktiengesellschaft will post 1.64 earnings per share for the current fiscal year.

OMV Aktiengesellschaft Company Profile

(Get Free Report)

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.

Further Reading

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