Bayerische Motoren Werke (OTCMKTS:BAMXF) Sees Large Volume Increase – Here’s Why

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) shares saw strong trading volume on Friday . 493 shares traded hands during trading, an increase of 33% from the previous session’s volume of 371 shares.The stock last traded at $102.00 and had previously closed at $103.50.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Barclays lowered Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. UBS Group downgraded shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

Bayerische Motoren Werke Stock Down 1.4%

The company has a market capitalization of $59.14 billion, a P/E ratio of 8.11 and a beta of 0.63. 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 stock has a 50 day moving average price of $104.42 and a 200 day moving average price of $100.35.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $3.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.03. Bayerische Motoren Werke had a net margin of 5.14% and a return on equity of 7.33%. The business had revenue of $37.92 billion during the quarter, compared to analyst estimates of $44.28 billion. On average, research analysts anticipate that Bayerische Motoren Werke AG will post 13.38 earnings per share 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.