Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $82.45 and traded as high as $86.08. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $85.99, with a volume of 297 shares changing hands.

Analysts Set New Price Targets

BAMXF has been the topic of a number of recent research reports. Hsbc Global Res cut shares of Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 20th. Barclays lowered shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Thursday, March 27th. Finally, Dbs Bank downgraded Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 19th.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.78 and a current ratio of 1.10. The company has a market capitalization of $49.86 billion, a PE ratio of 6.13 and a beta of 0.80. The company has a 50 day moving average price of $83.46 and a 200 day moving average price of $82.52.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $3.56 EPS for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.10). The company had revenue of $36.43 billion for the quarter, compared to the consensus estimate of $40.93 billion. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 5.48% and a return on equity of 8.67%. Equities analysts forecast that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 EPS for the current year.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.