Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Time to Buy?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) gapped up before the market opened on Monday . The stock had previously closed at $66.00, but opened at $71.25. Bayerische Motoren Werke shares last traded at $71.25, with a volume of 813 shares.

Bayerische Motoren Werke Price Performance

The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.89 and a current ratio of 1.17. The company has a 50-day simple moving average of $72.16 and a 200-day simple moving average of $87.80. The company has a market cap of $41.31 billion, a price-to-earnings ratio of 5.88 and a beta of 0.64.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last issued its 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. The company had revenue of $35.70 billion for the quarter, compared to analyst estimates of $36.98 billion. Bayerische Motoren Werke had a net margin of 4.92% and a return on equity of 6.51%.

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.