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

Shares of Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €76.82 ($83.50) and traded as high as €83.64 ($90.91). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €82.10 ($89.24), with a volume of 2,156,032 shares trading hands.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 1.8 %

The company has a market capitalization of $55.12 billion, a PE ratio of 6.54, a price-to-earnings-growth ratio of 18.24 and a beta of 1.08. The company’s fifty day moving average is €80.27 and its 200-day moving average is €76.82. The company has a debt-to-equity ratio of 117.76, a current ratio of 1.10 and a quick ratio of 0.71.

About Bayerische Motoren Werke Aktiengesellschaft

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.