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

Bayerische Motoren Werke Aktiengesellschaft logo with Consumer Cyclical background

Key Points

  • Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) stock price has recently surpassed its 200-day moving average of €78.56 ($91.35), reaching a high of €88.72 ($103.16) during trading.
  • The company's market capitalization stands at $58.62 billion, with a price-to-earnings ratio of 6.96 and a debt-to-equity ratio of 117.76.
  • Bayerische Motoren Werke operates primarily in the development and sale of automobiles and motorcycles under the BMW, MINI, and Rolls-Royce brands.
  • MarketBeat previews top five stocks to own in October.

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €78.56 ($91.35) and traded as high as €88.72 ($103.16). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €88.68 ($103.12), with a volume of 756,201 shares changing hands.

Bayerische Motoren Werke Aktiengesellschaft Trading Down 0.9%

The company has a market cap of $58.94 billion, a price-to-earnings ratio of 6.99, a price-to-earnings-growth ratio of 18.24 and a beta of 1.08. The business's fifty day moving average price is €81.05 and its 200 day moving average price is €78.68. The company has a debt-to-equity ratio of 117.76, a current ratio of 1.10 and a quick ratio of 0.71.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

(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.

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