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

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $60.60, but opened at $65.00. Bayerische Motoren Werke shares last traded at $65.43, with a volume of 505 shares traded.

Bayerische Motoren Werke Trading Up 8.1%

The company’s 50-day moving average is $74.35 and its 200 day moving average is $89.33. The firm has a market cap of $37.94 billion, a PE ratio of 5.04 and a beta of 0.63. 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 issued its quarterly earnings results on Wednesday, May 6th. The company reported $3.14 earnings per share for the quarter, beating 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 business had revenue of $37.31 billion for the quarter, compared to the consensus estimate 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.