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

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €78.78 ($81.22) and traded as high as €80.28 ($82.76). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €78.86 ($81.30), with a volume of 1,027,536 shares trading hands.

Bayerische Motoren Werke Aktiengesellschaft Stock Down 2.7 %

The firm’s 50 day simple moving average is €73.71 and its 200-day simple moving average is €78.78. The company has a debt-to-equity ratio of 109.40, a current ratio of 1.10 and a quick ratio of 0.71. The company has a market cap of $44.51 billion, a price-to-earnings ratio of 4.64, a P/E/G ratio of 18.24 and a beta of 1.08.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

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.