Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Stock Crosses Above 200 Day Moving Average – Here’s Why

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) crossed 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 trading hands.

Analyst Ratings Changes

A number of analysts recently commented on BAMXF shares. Dbs Bank cut Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 19th. Barclays lowered shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 27th. Finally, Hsbc Global Res downgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 20th.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 0.1%

The company has a market capitalization of $49.86 billion, a P/E ratio of 6.13 and a beta of 0.80. 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 stock has a fifty day moving average of $83.46 and a 200 day moving average of $82.45.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $3.56 earnings per share 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 analysts’ expectations of $40.93 billion. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 5.48% and a return on equity of 8.67%. As a group, equities research analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 EPS for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

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.