Bayerische Motoren Werke (OTCMKTS:BAMXF) Hits New 1-Year Low – Time to Sell?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) 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 traded. The stock had previously closed at $65.80.

Analysts Set New Price Targets

Separately, Berenberg Bank raised shares of Bayerische Motoren Werke from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 16th. Two 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’s stock. According to data from MarketBeat, Bayerische Motoren Werke has an average rating of “Moderate Buy”.

Bayerische Motoren Werke Stock Performance

The stock’s 50-day moving average price is $67.42 and its 200 day moving average price is $78.08. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.76. The company has a market cap of $37.43 billion, a P/E ratio of 5.33 and a beta of 0.65.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last posted its earnings results on Thursday, July 30th. The company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.24. The business 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 6.50%.

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.