Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €87.24 and traded as high as €87.80. Bayerische Motoren Werke Aktiengesellschaft shares last traded at €87.00, with a volume of 1,415,012 shares changing hands.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 0.3%

The company has a market capitalization of $57.68 billion, a price-to-earnings ratio of 6.85, a PEG ratio of 18.24 and a beta of 1.08. The company has a current ratio of 1.10, a quick ratio of 0.71 and a debt-to-equity ratio of 117.76. The company has a fifty day moving average of €91.20 and a 200-day moving average of €87.25.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles and scooters under the BMW Motorrad brand, as well as spare parts and accessories.