Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Stock Price Up 4.6% – What’s Next?

Posted by Trevor Kearing on Nov 21st, 2024

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

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Bayerische Motoren Werke Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a research report on Thursday, October 3rd. Two 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Read Our Latest Report on Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

The company has a market capitalization of $52.79 billion, a P/E ratio of 4.82 and a beta of 1.10. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 1.10. The business’s fifty day simple moving average is $28.86 and its 200-day simple moving average is $30.86.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY – Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.39% and a net margin of 6.90%. The firm had revenue of $35.62 billion for the quarter. As a group, equities analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 earnings per share for the current fiscal year.

About Bayerische Motoren Werke Aktiengesellschaft

(Get Free Report)

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.