Bayerische Motoren Werke (OTCMKTS:BAMXF) Reaches New 1-Year Low – Here’s Why

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $74.79 and last traded at $77.00, with a volume of 1866 shares. The stock had previously closed at $79.50.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. DZ Bank upgraded shares of Bayerische Motoren Werke to a “strong-buy” rating in a research note on Thursday, February 19th. Dbs Bank upgraded Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Berenberg Bank cut Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 17th. 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Bayerische Motoren Werke Trading Down 3.1%

The company has a market cap of $44.64 billion, a price-to-earnings ratio of 5.94 and a beta of 0.59. 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 business’s 50 day moving average price is $89.10 and its 200-day moving average price is $96.84.

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

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.