Bayerische Motoren Werke (OTCMKTS:BAMXF) Sets New 52-Week High – Here’s What Happened

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $112.00 and last traded at $110.00, with a volume of 2989 shares. The stock had previously closed at $108.15.

Bayerische Motoren Werke Price Performance

The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.88. The company’s 50-day moving average is $97.38 and its 200-day moving average is $95.83. The firm has a market capitalization of $63.78 billion, a price-to-earnings ratio of 8.75 and a beta of 0.63.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.03. The company had revenue of $37.92 billion for the quarter, compared to analyst estimates of $44.28 billion. Bayerische Motoren Werke had a net margin of 5.14% and a return on equity of 7.33%. On average, research analysts expect that Bayerische Motoren Werke AG will post 13.38 earnings per share for the current year.

About Bayerische Motoren Werke

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.