Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – What’s Next?

Shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF) gapped up prior to trading on Friday . The stock had previously closed at $98.9660, but opened at $102.00. Bayerische Motoren Werke shares last traded at $102.00, with a volume of 313 shares.

Bayerische Motoren Werke Trading Up 3.1%

The firm has a 50-day moving average of $96.67 and a 200 day moving average of $94.38. The stock has a market capitalization of $59.14 billion, a price-to-earnings ratio of 8.11 and a beta of 0.81. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.72.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.17 by $0.03. The firm had revenue of $37.92 billion during the quarter, compared to the consensus estimate of $44.28 billion. Bayerische Motoren Werke had a return on equity of 7.58% and a net margin of 5.14%. As a group, equities analysts predict that Bayerische Motoren Werke AG will post 13.38 EPS for the current fiscal 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.