Bayerische Motoren Werke (OTCMKTS:BAMXF) Reaches New 52-Week Low – Time to Sell?

Shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF) reached a new 52-week low on Wednesday . The stock traded as low as $74.79 and last traded at $77.00, with a volume of 1866 shares traded. The stock had previously closed at $79.50.

Wall Street Analyst Weigh In

BAMXF has been the topic of several research reports. Dbs Bank upgraded Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research note on Monday, March 16th. DZ Bank raised shares of Bayerische Motoren Werke to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Berenberg Bank lowered shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Bayerische Motoren Werke has an average rating of “Hold”.

Bayerische Motoren Werke Stock Down 3.1%

The firm has a fifty day moving average of $89.10 and a 200-day moving average of $96.84. The company has a quick ratio of 0.89, a current ratio of 1.17 and a debt-to-equity ratio of 0.72. The firm has a market cap of $44.64 billion, a P/E ratio of 5.94 and a beta of 0.59.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $3.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.37. Bayerische Motoren Werke had a return on equity of 7.09% and a net margin of 5.22%.The firm had revenue of $37.31 billion during the quarter, compared to the consensus estimate of $37.25 billion.

About Bayerische Motoren Werke

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.