Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Still a Buy?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) shares gapped up prior to trading on Monday. The stock had previously closed at $60.00, but opened at $65.00. Bayerische Motoren Werke shares last traded at $66.00, with a volume of 1,010 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank raised shares of Bayerische Motoren Werke from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 16th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bayerische Motoren Werke currently has a consensus rating of “Moderate Buy”.

Bayerische Motoren Werke Price Performance

The company’s fifty day moving average price is $65.08 and its 200 day moving average price is $80.62. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $37.69 billion, a P/E ratio of 5.36 and a beta of 0.70.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last released its earnings results on Thursday, July 30th. The company reported $2.38 EPS for the quarter, beating the consensus estimate of $2.14 by $0.24. Bayerische Motoren Werke had a net margin of 4.92% and a return on equity of 6.50%. The firm had revenue of $35.70 billion for the quarter, compared to analyst estimates of $36.98 billion.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG, commonly known as BMW, is a German manufacturer of premium automobiles and motorcycles. Headquartered in Munich, Germany, the company operates through the BMW, MINI and Rolls-Royce automotive brands, as well as BMW Motorrad.

BMW’s product portfolio includes luxury and performance vehicles, sport utility vehicles, electric vehicles and motorcycles. The company also provides related mobility and financial services, including vehicle leasing, financing and fleet management through its financial-services operations.

Founded in 1916, BMW has developed into a global automotive group with manufacturing, sales and distribution activities across Europe, the Americas, Asia and other international markets.