Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Time to Buy?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $71.00, but opened at $75.00. Bayerische Motoren Werke shares last traded at $75.00, with a volume of 196 shares traded.

Bayerische Motoren Werke Price Performance

The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.76. The firm has a market cap of $43.48 billion, a P/E ratio of 6.19 and a beta of 0.65. The company has a fifty day moving average price of $67.32 and a two-hundred day moving average price of $80.11.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last posted its earnings results on Thursday, July 30th. The company reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.24. Bayerische Motoren Werke had a return on equity of 6.50% and a net margin of 4.92%.The business had revenue of $35.70 billion during the quarter, compared to analysts’ expectations of $36.98 billion.

About Bayerische Motoren Werke

Bayerische Motoren Werke AG, commonly known as BMW, is a German automotive company headquartered in Munich. Founded in 1916, the company initially focused on aircraft engines before developing motorcycles and automobiles. BMW operates internationally and serves customers across Europe, North America, Asia and other global markets.

BMW develops, manufactures and sells premium automobiles under the BMW, MINI and Rolls-Royce brands. Its vehicle portfolio includes passenger cars, sport utility vehicles, electric vehicles and performance-oriented models.