Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $29.20 and traded as low as $29.01. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $29.20, with a volume of 166,100 shares traded.

Analyst Ratings Changes

BMWYY has been the topic of a number of research reports. Barclays downgraded Bayerische Motoren Werke Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a report on Thursday, March 27th. HSBC lowered shares of Bayerische Motoren Werke Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday, March 20th.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 4.6 %

The firm has a market capitalization of $52.79 billion, a price-to-earnings ratio of 4.82 and a beta of 1.10. The company has a fifty day moving average price of $29.20 and a 200-day moving average price of $29.13. 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 Company Profile

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.