Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Shares Up 4.6% – What’s Next?

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) shares traded up 4.6% on Wednesday . The company traded as high as $29.28 and last traded at $29.20. 166,100 shares traded hands during trading, an increase of 63% from the average session volume of 102,201 shares. The stock had previously closed at $27.92.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barclays raised shares of Bayerische Motoren Werke Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a report on Thursday, October 3rd. UBS Group upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Bayerische Motoren Werke Aktiengesellschaft currently has a consensus rating of “Moderate Buy”.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 4.6 %

The company has a market cap of $52.79 billion, a price-to-earnings ratio of 4.82 and a beta of 1.10. The stock’s 50-day moving average is $29.20 and its 200-day moving average is $29.71. The company has a current ratio of 1.10, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.23 EPS for the quarter. The business had revenue of $35.62 billion during the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 6.90% and a return on equity of 11.39%. On average, analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 earnings per share for the current fiscal year.

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.