Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Stock Passes Above 200 Day Moving Average – What’s Next?

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $81.75 and traded as high as $86.50. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $85.12, with a volume of 757 shares.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average price of $80.89 and a 200 day moving average price of $81.75. The company has a market capitalization of $49.35 billion, a P/E ratio of 6.07 and a beta of 0.94.

Bayerische Motoren Werke Aktiengesellschaft 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.