Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $81.80 and traded as high as $90.45. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $90.45, with a volume of 798 shares changing hands.

Wall Street Analyst Weigh In

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

Bayerische Motoren Werke Aktiengesellschaft Stock Down 3.2 %

The company has a market capitalization of $52.44 billion, a P/E ratio of 6.45 and a beta of 0.91. 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 stock’s fifty day moving average is $83.09 and its 200 day moving average is $81.80.

About Bayerische Motoren Werke Aktiengesellschaft

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.