Bayerische Motoren Werke (OTCMKTS:BAMXF) Sees Large Volume Increase - Here's Why

Key Points

• Bayerische Motoren Werke AG experienced a significant trading volume increase of 355%, with 8,786 shares traded on Thursday compared to 1,931 shares the previous session.
• Analysts have updated the stock's rating, with Barclays raising it from "strong sell" to "hold", leading to an average rating of "Moderate Buy" across the board.
• Despite a revenue of $39.97 billion for the last quarter, the company reported earnings per share of $3.23, falling short of the consensus estimate of $3.87.

Bayerische Motoren Werke AG (OTCMKTS:BAMXF - Get Free Report) shares saw strong trading volume on Thursday . 8,786 shares changed hands during mid-day trading, an increase of 355% from the previous session's volume of 1,931 shares.The stock last traded at $98.00 and had previously closed at $96.45.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Bayerische Motoren Werke from a "strong sell" rating to a "hold" rating in a research note on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Bayerische Motoren Werke has a consensus rating of "Moderate Buy".

Bayerische Motoren Werke Stock Performance

The company has a debt-to-equity ratio of 0.72, a current ratio of 1.18 and a quick ratio of 0.88. The firm has a market capitalization of $56.82 billion, a P/E ratio of 9.73 and a beta of 0.82. The stock's 50 day moving average is $99.88 and its two-hundred day moving average is $90.67.

Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $3.23 earnings per share for the quarter, missing analysts' consensus estimates of $3.87 by ($0.64). Bayerische Motoren Werke had a return on equity of 6.07% and a net margin of 4.19%.The business had revenue of $39.97 billion for the quarter, compared to the consensus estimate of $38.94 billion. As a group, equities analysts anticipate that Bayerische Motoren Werke AG will post 13.38 earnings per share for the current fiscal year.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke Aktiengesellschaft 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.