Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Still a Buy?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) 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 trading hands.

Bayerische Motoren Werke Stock Performance

The company has a market capitalization of $35.95 billion, a price-to-earnings ratio of 4.78 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. The stock has a 50-day simple moving average of $73.45 and a 200-day simple moving average of $88.72.

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

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.