Bayerische Motoren Werke (OTCMKTS:BAMXF) Sets New 52-Week Low – Should You Sell?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s stock price reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $52.10 and last traded at $52.10, with a volume of 2883 shares changing hands. The stock had previously closed at $63.1275.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded Bayerische Motoren Werke from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 16th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Bayerische Motoren Werke presently has a consensus rating of “Moderate Buy”.

Bayerische Motoren Werke Stock Up 15.2%

The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.86 and a current ratio of 1.15. The stock has a market cap of $34.79 billion, a price-to-earnings ratio of 4.95 and a beta of 0.70. The firm’s 50-day simple moving average is $67.36 and its two-hundred day simple moving average is $76.65.

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

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG, commonly known as BMW, is a Germany-based manufacturer of premium automobiles and motorcycles. The company develops, produces and sells vehicles under the BMW, MINI and Rolls-Royce brands, offering passenger cars, sport utility vehicles, performance models and electric vehicles. Its BMW Motorrad division produces motorcycles and related products.

BMW also provides automotive financing, leasing and fleet services through its financial-services operations. The company is expanding its range of battery-electric vehicles while continuing to offer vehicles with internal-combustion and plug-in hybrid powertrains.