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

Shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF) reached a new 52-week low during trading on Wednesday . The company traded as low as $74.79 and last traded at $77.00, with a volume of 1866 shares changing hands. The stock had previously closed at $79.50.

Analyst Ratings Changes

Several research analysts have recently weighed in on BAMXF shares. Dbs Bank raised shares of Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research report on Monday, March 16th. DZ Bank raised shares of Bayerische Motoren Werke to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Berenberg Bank cut shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Bayerische Motoren Werke Price Performance

The company has a current ratio of 1.17, a quick ratio of 0.89 and a debt-to-equity ratio of 0.72. The stock has a 50-day simple moving average of $88.28 and a 200 day simple moving average of $96.41. The stock has a market capitalization of $40.18 billion, a price-to-earnings ratio of 5.34 and a beta of 0.59.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last issued its 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. The company had revenue of $37.31 billion for the quarter, compared to the consensus estimate 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.