Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Bayerische Motoren Werke Aktiengesellschaft's stock price recently crossed above its 200-day moving average, reaching a high of €83.86 ($97.51) while trading at €83.74 ($97.37).
• The company has a market capitalization of $55.91 billion and a relatively low P/E ratio of 6.64, indicating potentially attractive valuation metrics.
• The stock price movement coincides with a slight increase of 1.2% in its shares on the trading day in question.

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €78.16 ($90.88) and traded as high as €83.86 ($97.51). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €83.74 ($97.37), with a volume of 746,331 shares traded.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 1.3%

The business has a fifty day simple moving average of €79.72 and a 200-day simple moving average of €78.30. 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 firm has a market cap of $57.70 billion, a price-to-earnings ratio of 6.85, a PEG ratio of 18.24 and a beta of 1.08.

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.