Bayerische Motoren Werke (OTCMKTS:BAMXF) Reaches New 12-Month Low – Here’s What Happened

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price hit a new 52-week low during mid-day trading on Thursday . The company 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 Trading Down 0.2%

The stock has a market capitalization of $35.08 billion, a P/E ratio of 4.66 and a beta of 0.63. The firm’s 50 day moving average price is $74.35 and its 200 day moving average price is $89.44. 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 posted its earnings results on Wednesday, May 6th. The company reported $3.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.37. Bayerische Motoren Werke had a net margin of 5.22% and a return on equity of 7.09%. The company had revenue of $37.31 billion during the quarter, compared to analyst estimates of $37.25 billion.

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.