Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Trading Up 4.6% – What’s Next?

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY)’s share price traded up 4.6% during trading on Wednesday . The company traded as high as $29.28 and last traded at $29.20. 166,100 shares were traded during mid-day trading, an increase of 63% from the average session volume of 102,201 shares. The stock had previously closed at $27.92.

Analyst Ratings Changes

Several brokerages have issued reports on BMWYY. Barclays upgraded Bayerische Motoren Werke Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a report on Thursday, October 3rd. UBS Group upgraded Bayerische Motoren Werke Aktiengesellschaft from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Bayerische Motoren Werke Aktiengesellschaft currently has an average rating of “Moderate Buy”.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

The company has a current ratio of 1.10, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62. The business has a 50-day moving average of $29.20 and a 200 day moving average of $29.73. The firm has a market capitalization of $52.79 billion, a PE ratio of 4.82 and a beta of 1.10.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $35.62 billion during the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 6.90% and a return on equity of 11.39%. As a group, research analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.