Bayerische Motoren Werke (OTCMKTS:BAMXF) Sees Unusually-High Trading Volume – What’s Next?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) saw unusually-high trading volume on Monday . Approximately 297 shares traded hands during trading, a decline of 29% from the previous session’s volume of 416 shares.The stock last traded at $110.51 and had previously closed at $107.1610.

Analyst Ratings Changes

Separately, Barclays cut Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.

Bayerische Motoren Werke Stock Up 3.1%

The stock has a market cap of $64.07 billion, a PE ratio of 8.79 and a beta of 0.63. The business has a 50 day moving average price of $102.89 and a 200 day moving average price of $99.51. The company has a quick ratio of 0.86, a current ratio of 1.14 and a debt-to-equity ratio of 0.70.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $3.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.03. Bayerische Motoren Werke had a return on equity of 7.33% and a net margin of 5.14%.The company had revenue of $37.92 billion during the quarter, compared to the consensus estimate of $44.28 billion. Equities research analysts expect that Bayerische Motoren Werke AG will post 13.38 EPS for the current fiscal year.

About Bayerische Motoren Werke

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.