Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Down – Time to Sell?
by Kim Johansen · The Markets DailyShares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $107.5340, but opened at $104.50. Bayerische Motoren Werke shares last traded at $104.50, with a volume of 569 shares trading hands.
Bayerische Motoren Werke Price Performance
The firm’s fifty day simple moving average is $100.75 and its 200 day simple moving average is $98.18. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.14. The firm has a market cap of $60.59 billion, a P/E ratio of 8.31 and a beta of 0.63.
Bayerische Motoren Werke (OTCMKTS:BAMXF – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $3.20 EPS for the quarter, topping analysts’ consensus estimates of $3.17 by $0.03. Bayerische Motoren Werke had a return on equity of 7.33% and a net margin of 5.14%.The firm had revenue of $37.92 billion during the quarter, compared to analysts’ expectations of $44.28 billion. As a group, analysts forecast that Bayerische Motoren Werke AG will post 13.38 earnings per share for the current year.
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.