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

Shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF) 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 Trading Up 5.6%

The company has a debt-to-equity ratio of 0.76, a current ratio of 1.15 and a quick ratio of 0.86. The business’s 50-day moving average is $67.32 and its two-hundred day moving average is $80.11. The firm has a market cap of $43.48 billion, a P/E ratio of 6.19 and a beta of 0.65.

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

Bayerische Motoren Werke Company Profile

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.