OMV Aktiengesellschaft (OTCMKTS:OMVJF) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

OMV Aktiengesellschaft (OTCMKTS:OMVJF) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $39.07 and traded as high as $39.59. OMV Aktiengesellschaft shares last traded at $39.59, with a volume of 282 shares.

Analyst Ratings Changes

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

OMV Aktiengesellschaft Stock Performance

The stock has a market capitalization of $13.09 billion, a P/E ratio of 7.76 and a beta of 0.82. The stock has a 50-day simple moving average of $39.04 and a 200 day simple moving average of $41.21.

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.