Bayerische Motoren Werke (OTCMKTS:BAMXF) Reaches New 12-Month Low – What’s Next?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s stock price reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $60.00 and last traded at $64.5580, with a volume of 2795 shares changing hands. The stock had previously closed at $65.80.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded 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 assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Bayerische Motoren Werke has a consensus rating of “Moderate Buy”.

Bayerische Motoren Werke Stock Down 1.9%

The company has a debt-to-equity ratio of 0.76, a current ratio of 1.15 and a quick ratio of 0.86. The firm has a market cap of $37.43 billion, a price-to-earnings ratio of 5.33 and a beta of 0.65. The firm has a 50 day moving average price of $67.42 and a 200-day moving average price of $78.08.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last issued its quarterly earnings results on Thursday, July 30th. The company reported $2.38 EPS for the quarter, topping 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 company had revenue of $35.70 billion during the quarter, compared to analysts’ expectations of $36.98 billion.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG, commonly known as BMW, is a Germany-based manufacturer of premium automobiles and motorcycles. The company develops, produces and sells vehicles under the BMW, MINI and Rolls-Royce brands, offering passenger cars, sport utility vehicles, performance models and electric vehicles. Its BMW Motorrad division produces motorcycles and related products.

BMW also provides automotive financing, leasing and fleet services through its financial-services operations. The company is expanding its range of battery-electric vehicles while continuing to offer vehicles with internal-combustion and plug-in hybrid powertrains.