Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Short Interest Down 38.5% in February

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 3,285,700 shares, a decrease of 38.5% from the February 13th total of 5,345,100 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is currently 730.2 days. Approximately 0.6% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 22nd.

Bayerische Motoren Werke Aktiengesellschaft Trading Down 0.7 %

Shares of OTCMKTS BAMXF opened at $87.13 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.78 and a current ratio of 1.10. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $68.86 and a 52-week high of $123.75. The firm has a 50 day moving average price of $83.36 and a two-hundred day moving average price of $81.71. The stock has a market cap of $50.52 billion, a P/E ratio of 6.21 and a beta of 0.91.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last announced its quarterly earnings results on Friday, March 14th. The company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.68 by ($1.10). Bayerische Motoren Werke Aktiengesellschaft had a net margin of 5.48% and a return on equity of 8.67%. The business had revenue of $37.70 billion during the quarter, compared to analyst estimates of $43.77 billion. As a group, 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.