Bayerische Motoren Werke (OTCMKTS:BAMXF) Reaches New 12-Month Low – Here’s What Happened

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) shares hit a new 52-week low on Thursday . The company traded as low as $79.00 and last traded at $79.50, with a volume of 3096 shares changing hands. The stock had previously closed at $79.50.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BAMXF. DZ Bank raised Bayerische Motoren Werke to a “strong-buy” rating in a research note on Thursday, February 19th. Berenberg Bank lowered Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Finally, Dbs Bank upgraded 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 given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Bayerische Motoren Werke Price Performance

The company has a market cap of $46.09 billion, a price-to-earnings ratio of 6.13 and a beta of 0.59. The company has a fifty day simple moving average of $90.23 and a two-hundred day simple moving average of $97.49. The company has a quick ratio of 0.89, a current ratio of 1.17 and a debt-to-equity ratio of 0.72.

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 the consensus estimate of $2.77 by $0.37. Bayerische Motoren Werke had a return on equity of 7.09% and a net margin of 5.22%.The business had revenue of $37.31 billion during the quarter, compared to the consensus estimate of $37.25 billion.

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.