Bayerische Motoren Werke (OTCMKTS:BAMXF) Reaches New 52-Week Low – Here’s Why

Shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF) hit a new 52-week low on Thursday . The company traded as low as $79.00 and last traded at $79.50, with a volume of 3096 shares. The stock had previously closed at $79.50.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Dbs Bank upgraded Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research note on Monday, March 16th. DZ Bank upgraded Bayerische Motoren Werke to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Berenberg Bank lowered Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

Bayerische Motoren Werke Price Performance

The firm has a market cap of $44.64 billion, a PE ratio of 5.94 and a beta of 0.59. The company has a quick ratio of 0.89, a current ratio of 1.17 and a debt-to-equity ratio of 0.72. The stock has a 50 day moving average price of $89.66 and a two-hundred day moving average price of $97.20.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last issued its earnings results on Wednesday, May 6th. The company reported $3.14 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.37. The firm had revenue of $37.31 billion for the quarter, compared to analyst estimates of $37.25 billion. Bayerische Motoren Werke had a return on equity of 7.09% and a net margin of 5.22%.

Bayerische Motoren Werke Company Profile

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.