Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Down – What’s Next?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) gapped down prior to trading on Tuesday . The stock had previously closed at $107.5340, but opened at $104.50. Bayerische Motoren Werke shares last traded at $104.50, with a volume of 569 shares.

Bayerische Motoren Werke Trading Up 0.2%

The stock has a 50-day simple moving average of $100.75 and a 200 day simple moving average of $98.18. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 0.70. The company has a market cap of $60.59 billion, a price-to-earnings ratio of 8.31 and a beta of 0.63.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.17 by $0.03. The company had revenue of $37.92 billion for the quarter, compared to the consensus estimate of $44.28 billion. Bayerische Motoren Werke had a net margin of 5.14% and a return on equity of 7.33%. As a group, equities research analysts predict 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.