Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Trading 4.6% Higher – Here’s Why

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY)’s stock price was up 4.6% during trading on Tuesday . The stock traded as high as $29.28 and last traded at $29.20. Approximately 166,100 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 102,201 shares. The stock had previously closed at $27.92.

Analyst Ratings Changes

Separately, Barclays upgraded Bayerische Motoren Werke Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a report on Thursday, October 3rd. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Bayerische Motoren Werke Aktiengesellschaft has a consensus rating of “Moderate Buy”.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 4.6 %

The firm’s fifty day simple moving average is $28.80 and its 200 day simple moving average is $30.87. The company has a market cap of $52.79 billion, a price-to-earnings ratio of 4.82 and a beta of 1.10. The company has a current ratio of 1.10, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last posted its earnings results on Wednesday, November 6th. The company reported $0.23 EPS for the quarter. The firm had revenue of $35.62 billion for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.39% and a net margin of 6.90%. Sell-side analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 earnings per share for the current year.

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.