Bayerische Motoren Werke (OTCMKTS:BAMXF) Sets New 52-Week Low – What’s Next?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) shares reached a new 52-week low on Thursday . The stock traded as low as $60.60 and last traded at $60.60, with a volume of 550 shares traded. The stock had previously closed at $65.68.

Bayerische Motoren Werke Stock Performance

The stock’s 50 day simple moving average is $75.47 and its two-hundred day simple moving average is $90.00. The company has a market capitalization of $35.14 billion, a P/E ratio of 4.67 and a beta of 0.63. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.17 and a quick ratio of 0.89.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last released its quarterly earnings data on Wednesday, May 6th. The company reported $3.14 earnings per share for the quarter, topping the consensus estimate 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%.

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.