Shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY – Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $29.13 and traded as low as $29.01. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $29.20, with a volume of 166,100 shares traded.
Wall Street Analysts Forecast Growth
BMWYY has been the subject of a number of research analyst reports. Hsbc Global Res raised Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 9th. HSBC raised Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. Finally, Barclays raised Bayerische Motoren Werke Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a report on Thursday, October 3rd. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Bayerische Motoren Werke Aktiengesellschaft has an average rating of “Moderate Buy”.
Read Our Latest Report on Bayerische Motoren Werke Aktiengesellschaft
Bayerische Motoren Werke Aktiengesellschaft Stock Up 4.6 %
Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY – Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $1.49 EPS for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.39% and a net margin of 6.90%. The business had revenue of $39.77 billion during the quarter. On average, analysts forecast that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.
Bayerische Motoren Werke Aktiengesellschaft Company Profile
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, 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.
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