Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Down – Should You Sell?
by Scott Moore · The Cerbat GemShares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $111.50, but opened at $104.63. Bayerische Motoren Werke shares last traded at $104.63, with a volume of 330 shares changing hands.
Bayerische Motoren Werke Stock Down 6.2%
The company has a market cap of $60.66 billion, a price-to-earnings ratio of 8.32 and a beta of 0.63. The business has a fifty day moving average of $101.70 and a two-hundred day moving average of $98.72. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 0.70.
Bayerische Motoren Werke (OTCMKTS:BAMXF – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.17 by $0.03. The business had revenue of $37.92 billion during the quarter, compared to analysts’ expectations of $44.28 billion. Bayerische Motoren Werke had a return on equity of 7.33% and a net margin of 5.14%. As a group, equities analysts anticipate that Bayerische Motoren Werke AG will post 13.38 EPS for the current fiscal 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.