Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Shares Cross Above 200-Day Moving Average - Here's What Happened

Key Points

• Bayerische Motoren Werke Aktiengesellschaft (BMW) shares surpassed their 200-day moving average of €79.85, reaching a high of €89.16 during trading.
• The company's market capitalization stands at $55.60 billion, with a P/E ratio of 6.60 and a debt-to-equity ratio of 117.76.
• Despite the positive movement in share price, BMW's stock has seen a recent decline of 4.2%.

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €79.85 ($93.94) and traded as high as €89.16 ($104.89). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €87.92 ($103.44), with a volume of 621,685 shares changing hands.

Bayerische Motoren Werke Aktiengesellschaft Trading Down 0.6%

The stock has a market cap of $55.31 billion, a P/E ratio of 6.56, a P/E/G ratio of 18.24 and a beta of 1.08. The company has a debt-to-equity ratio of 117.76, a quick ratio of 0.71 and a current ratio of 1.10. The stock's fifty day moving average is €86.35 and its 200 day moving average is €79.90.

About Bayerische Motoren Werke Aktiengesellschaft

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.