OMV Aktiengesellschaft (OTCMKTS:OMVJF) Reaches New 1-Year Low – Should You Sell?

OMV Aktiengesellschaft (OTCMKTS:OMVJF) reached a new 52-week low during trading on Friday . The company traded as low as $37.04 and last traded at $37.04, with a volume of 462 shares changing hands. The stock had previously closed at $40.00.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded shares of OMV Aktiengesellschaft to a “strong-buy” rating in a research report on Wednesday, October 9th.

OMV Aktiengesellschaft Price Performance

The business has a 50 day simple moving average of $40.69 and a 200 day simple moving average of $42.15. The company has a market capitalization of $12.11 billion, a price-to-earnings ratio of 7.18 and a beta of 0.82.

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.