Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Here’s Why

Bayerische Motoren Werke AG (OTCMKTS:BAMXFGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $62.00, but opened at $69.00. Bayerische Motoren Werke shares last traded at $69.00, with a volume of 792 shares changing hands.

Bayerische Motoren Werke Stock Down 4.2%

The firm has a market capitalization of $40.01 billion, a PE ratio of 5.69 and a beta of 0.64. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.17 and a quick ratio of 0.89. The company has a 50-day moving average price of $70.27 and a 200 day moving average price of $86.51.

Bayerische Motoren Werke (OTCMKTS:BAMXFGet Free Report) last issued its earnings results on Thursday, July 30th. The company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.24. Bayerische Motoren Werke had a return on equity of 6.51% and a net margin of 4.92%.The company had revenue of $35.70 billion for the quarter, compared to the consensus estimate of $36.98 billion.

Bayerische Motoren Werke Company Profile

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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.

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