OMV Aktiengesellschaft (OTCMKTS:OMVJF) Reaches New 1-Year Low – What’s Next?

OMV Aktiengesellschaft (OTCMKTS:OMVJF)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $39.53 and last traded at $39.53, with a volume of 100 shares traded. The stock had previously closed at $41.53.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on OMVJF shares. UBS Group raised shares of OMV Aktiengesellschaft to a “hold” rating in a research note on Thursday, August 1st. BNP Paribas upgraded OMV Aktiengesellschaft to a “strong-buy” rating in a research note on Wednesday, October 9th.

OMV Aktiengesellschaft Trading Down 4.8 %

The stock has a market cap of $12.93 billion, a P/E ratio of 8.03 and a beta of 0.82. The stock’s fifty day moving average price is $41.97 and its 200 day moving average price is $44.08.

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.