Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Time to Buy?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price gapped up prior to trading on Friday . The stock had previously closed at $104.07, but opened at $112.00. Bayerische Motoren Werke shares last traded at $112.00, with a volume of 1,500 shares trading hands.

Bayerische Motoren Werke Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 0.70. The company has a 50 day moving average of $98.86 and a 200-day moving average of $97.17. The firm has a market capitalization of $61.22 billion, a P/E ratio of 8.40 and a beta of 0.63.

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

About Bayerische Motoren Werke

Bayerische Motoren Werke AG (BMW) is a German multinational manufacturer of premium automobiles and motorcycles. Headquartered in Munich, the company designs, manufactures and sells a broad range of passenger vehicles under the BMW brand, as well as the MINI and Rolls‑Royce marques. BMW’s product portfolio covers luxury sedans and coupes, SUVs and crossovers (the X series), sports cars, high‑performance M models, motorcycles through BMW Motorrad, and an expanding range of electrified powertrains including battery-electric and plug‑in hybrid variants.

Founded in 1916, BMW began as an engine manufacturer and over the course of the 20th century diversified into motorcycle and automobile production, building a reputation for engineering and driving dynamics.