Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Stock Price Up 4.6% – Time to Buy?

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) shares shot up 4.6% during trading on Tuesday . The company traded as high as $29.28 and last traded at $29.20. 166,100 shares changed 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.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 4.6%

The firm’s 50 day simple moving average is $29.20 and its 200-day simple moving average is $29.20. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.10 and a quick ratio of 0.80. The company has a market cap of $52.79 billion, a price-to-earnings ratio of 4.82 and a beta of 1.10.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft (BMW AG) is a German multinational automaker headquartered in Munich, known for designing, manufacturing and selling premium automobiles and motorcycles. Founded in 1916 as an aircraft engine manufacturer, the company transitioned to motorcycle and automobile production in the interwar period and has since developed into a global luxury vehicle group. BMW’s product portfolio includes passenger cars under the BMW marque, compact and premium models from MINI, ultra-luxury vehicles produced by Rolls‑Royce Motor Cars (a BMW Group subsidiary), and motorcycles marketed through BMW Motorrad.

The company develops and sells a broad range of powertrains and drivetrains, including conventional internal-combustion engines, plug‑in hybrids and fully electric vehicles under the BMW i sub-brand.