Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Still a Buy?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $99.73, but opened at $104.50. Bayerische Motoren Werke shares last traded at $105.00, with a volume of 811 shares trading hands.

Wall Street Analyst Weigh In

Separately, Barclays raised Bayerische Motoren Werke from a “strong sell” rating to a “hold” rating in a research report on Friday, July 11th.

Bayerische Motoren Werke Stock Up 4.4%

The business has a fifty day moving average price of $93.89 and a two-hundred day moving average price of $87.69. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.18 and a quick ratio of 0.88. The firm has a market capitalization of $60.38 billion, a price-to-earnings ratio of 10.34 and a beta of 0.82.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last announced its quarterly earnings data on Thursday, July 31st. The company reported $3.23 earnings per share for the quarter, missing analysts’ consensus estimates of $3.87 by ($0.64). Bayerische Motoren Werke had a net margin of 4.19% and a return on equity of 6.07%. The firm had revenue of $39.97 billion during the quarter, compared to analyst estimates of $38.94 billion. On average, equities analysts expect that Bayerische Motoren Werke AG will post 13.38 earnings per share for the current year.

Bayerische Motoren Werke 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.