Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Here’s Why

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price gapped up prior to trading on Friday . The stock had previously closed at $101.15, but opened at $107.00. Bayerische Motoren Werke shares last traded at $102.89, with a volume of 633 shares trading hands.

Wall Street Analyst Weigh In

BAMXF has been the subject of several research reports. Barclays lowered Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. UBS Group lowered Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

Bayerische Motoren Werke Price Performance

The firm has a market capitalization of $59.66 billion, a PE ratio of 8.19 and a beta of 0.62. The stock’s 50 day simple moving average is $104.02 and its two-hundred day simple moving average is $100.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.14.

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.