Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – What’s Next?

Shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXFGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $67.8750, but opened at $70.00. Bayerische Motoren Werke shares last traded at $70.00, with a volume of 305 shares.

Bayerische Motoren Werke Stock Performance

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 stock’s 50 day simple moving average is $66.59 and its two-hundred day simple moving average is $83.10. The stock has a market cap of $40.59 billion, a P/E ratio of 5.78 and a beta of 0.64.

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

About Bayerische Motoren Werke

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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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