Bayerische Motoren Werke (OTCMKTS:BAMXF) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $85.02 and traded as high as $96.43. Bayerische Motoren Werke shares last traded at $96.43, with a volume of 678 shares trading hands.

Analysts Set New Price Targets

Separately, Barclays upgraded Bayerische Motoren Werke from a "strong sell" rating to a "hold" rating in a research note on Friday, July 11th.

Bayerische Motoren Werke Stock Up 1.8%

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 cap of $56.89 billion, a price-to-earnings ratio of 8.68 and a beta of 0.80. The firm's 50 day moving average price is $89.82 and its two-hundred day moving average price is $85.30.

Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $3.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.66 by ($0.10). Bayerische Motoren Werke had a net margin of 4.70% and a return on equity of 6.91%. The company had revenue of $36.43 billion for the quarter, compared to analyst estimates of $40.93 billion. As a group, sell-side analysts forecast 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.