Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Stock Passes Above 200 Day Moving Average – Here’s Why

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €76.54 ($79.73) and traded as high as €84.48 ($88.00). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €84.32 ($87.83), with a volume of 741,427 shares trading hands.

Bayerische Motoren Werke Aktiengesellschaft Trading Down 2.3 %

The company has a debt-to-equity ratio of 117.76, a quick ratio of 0.71 and a current ratio of 1.10. The firm has a fifty day moving average price of €78.11 and a 200 day moving average price of €76.54. The company has a market cap of $54.37 billion, a price-to-earnings ratio of 6.45, a P/E/G ratio of 18.24 and a beta of 1.08.

About Bayerische Motoren Werke Aktiengesellschaft

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.