OMV Aktiengesellschaft (OTCMKTS:OMVJF) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

OMV Aktiengesellschaft (OTCMKTS:OMVJF) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty 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 traded.

Wall Street Analyst Weigh In

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

OMV Aktiengesellschaft Stock Performance

The company’s 50 day moving average price is $39.04 and its 200 day moving average price is $41.21. The company has a market cap of $13.09 billion, a price-to-earnings ratio of 7.76 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.