Bayerische Motoren Werke (OTCMKTS:BAMXF) Sets New 12-Month Low – Time to Sell?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $64.87 and last traded at $64.87, with a volume of 650 shares. The stock had previously closed at $70.90.

Wall Street Analysts Forecast Growth

BAMXF has been the topic of a number of research analyst reports. Berenberg Bank downgraded Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Dbs Bank raised Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Bayerische Motoren Werke Stock Performance

The firm has a market cap of $39.83 billion, a P/E ratio of 5.30 and a beta of 0.63. 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 business’s 50-day simple moving average is $81.40 and its 200 day simple moving average is $93.03.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last released its quarterly earnings results on Wednesday, May 6th. The company reported $3.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.37. The firm 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.