Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Down – Here’s What Happened

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) shares gapped down prior to trading on Monday . The stock had previously closed at $68.88, but opened at $66.41. Bayerische Motoren Werke shares last traded at $70.00, with a volume of 284 shares traded.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Dbs Bank raised shares of Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research report on Monday, March 16th. Berenberg Bank lowered shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Bayerische Motoren Werke Stock Up 0.6%

The stock has a market capitalization of $40.59 billion, a price-to-earnings ratio of 5.40 and a beta of 0.63. The company has a quick ratio of 0.89, a current ratio of 1.17 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average of $82.42 and a two-hundred day moving average of $93.52.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $3.14 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.37. Bayerische Motoren Werke had a return on equity of 7.09% and a net margin of 5.22%.The firm had revenue of $37.31 billion during 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.