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Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Stock Price Passes Above 200 Day Moving Average - Here's Why

Bayerische Motoren Werke Aktiengesellschaft logo with Consumer Cyclical background

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €76.60 ($87.05) and traded as high as €80.62 ($91.61). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €78.48 ($89.18), with a volume of 634,119 shares changing hands.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

The stock has a market cap of $51.22 billion, a P/E ratio of 6.08, a price-to-earnings-growth ratio of 18.24 and a beta of 1.08. The company has a quick ratio of 0.71, a current ratio of 1.10 and a debt-to-equity ratio of 117.76. The business's 50-day simple moving average is €74.18 and its two-hundred day simple moving average is €76.81.

About Bayerische Motoren Werke Aktiengesellschaft

(Get Free Report)

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.

Further Reading

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