Bayerische Motoren Werke (OTCMKTS:BAMXF) Sees Unusually-High Trading Volume – Here’s What Happened
by Amy Steele · The Cerbat GemBayerische Motoren Werke AG (OTCMKTS:BAMXF – Get Free Report) shares saw an uptick in trading volume on Tuesday . 5,026 shares traded hands during mid-day trading, an increase of 650% from the previous session’s volume of 670 shares.The stock last traded at $85.40 and had previously closed at $87.1454.
Wall Street Analyst Weigh In
BAMXF has been the subject of several recent research reports. DZ Bank raised Bayerische Motoren Werke to a “strong-buy” rating in a research report on Thursday, February 19th. Berenberg Bank cut Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 17th. Finally, Dbs Bank upgraded shares of Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Analysis on BAMXF
Bayerische Motoren Werke Stock Performance
The company has a market cap of $49.51 billion, a P/E ratio of 6.58 and a beta of 0.61. The company has a quick ratio of 0.86, a current ratio of 1.12 and a debt-to-equity ratio of 0.70. The stock has a 50 day moving average price of $92.17 and a two-hundred day moving average price of $98.98.
Bayerische Motoren Werke (OTCMKTS:BAMXF – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $3.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.37. Bayerische Motoren Werke had a return on equity of 7.20% and a net margin of 5.22%.The company had revenue of $37.31 billion for the quarter, compared to analyst estimates of $37.25 billion.
Bayerische Motoren Werke Company Profile
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.