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

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $65.50, but opened at $68.37. Bayerische Motoren Werke shares last traded at $68.37, with a volume of 165 shares traded.

Analysts Set New Price Targets

A number of equities analysts recently commented on BAMXF shares. 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. Dbs Bank upgraded Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bayerische Motoren Werke presently has an average rating of “Hold”.

Bayerische Motoren Werke Trading Up 4.4%

The business’s 50-day simple moving average is $84.01 and its 200-day simple moving average is $94.33. The company has a market cap of $39.64 billion, a PE ratio of 5.27 and a beta of 0.59. The company has a current ratio of 1.17, a quick ratio of 0.89 and a debt-to-equity ratio of 0.72.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $3.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.37. Bayerische Motoren Werke had a net margin of 5.22% and a return on equity of 7.09%. The business had revenue of $37.31 billion for the quarter, compared to the consensus estimate of $37.25 billion.

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.