Bayerische Motoren Werke (OTCMKTS:BAMXF) Stock Price Down 5.4% – What’s Next?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price dropped 5.4% on Thursday . The company traded as low as $66.25 and last traded at $66.25. 180 shares changed hands during trading, a decline of 86% from the average daily volume of 1,305 shares. The stock had previously closed at $70.00.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Dbs Bank raised Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a report on Monday, March 16th. Berenberg Bank downgraded Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bayerische Motoren Werke presently has an average rating of “Hold”.

Bayerische Motoren Werke Stock Performance

The company has a debt-to-equity ratio of 0.72, a current ratio of 1.17 and a quick ratio of 0.89. The stock has a market cap of $38.41 billion, a price-to-earnings ratio of 5.11 and a beta of 0.63. The stock’s 50-day moving average is $80.86 and its 200 day moving average is $92.78.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last released its earnings results on Wednesday, May 6th. The company reported $3.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.37. The company had revenue of $37.31 billion for the quarter, compared to analysts’ expectations 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.