Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Down - What's Next?

Key Points

• Bayerische Motoren Werke AG's shares gapped down from a previous close of $104.50 to an open of $99.66 on Monday, with a trading volume of 316 shares.
• Barclays upgraded the stock from a "strong sell" to a "hold" rating in a recent research report.
• The company reported earnings per share of $3.56, missing estimates, with revenue at $36.43 billion against expectations of $40.93 billion.

Shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $104.50, but opened at $99.66. Bayerische Motoren Werke shares last traded at $99.66, with a volume of 316 shares traded.

Wall Street Analyst Weigh In

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

Bayerische Motoren Werke Price Performance

The stock's 50 day simple moving average is $91.35 and its 200-day simple moving average is $86.17. The company has a market capitalization of $56.82 billion, a PE ratio of 8.66 and a beta of 0.80. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.18 and a quick ratio of 0.88.

Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $3.23 earnings per share for the quarter, missing the consensus estimate of $3.87 by ($0.64). Bayerische Motoren Werke had a return on equity of 6.91% and a net margin of 4.70%. The company had revenue of $39.97 billion for the quarter, compared to analysts' expectations of $38.94 billion. As a group, equities 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.