Bayerische Motoren Werke (OTCMKTS:BAMXF) Sets New 1-Year Low – Here’s What Happened

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as $65.01 and last traded at $66.9350, with a volume of 250 shares changing hands. The stock had previously closed at $69.00.

Analysts Set New Price Targets

BAMXF has been the subject of several research analyst reports. Dbs Bank upgraded Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research report on Monday, March 16th. Berenberg Bank cut shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. One investment 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Bayerische Motoren Werke Stock Down 2.9%

The company’s 50 day moving average price is $85.67 and its two-hundred day moving average price is $95.21. 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 stock has a market cap of $39.14 billion, a P/E ratio of 5.20 and a beta of 0.59.

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

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.