Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Sees Significant Drop in Short Interest

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 3,285,700 shares, a drop of 38.5% from the February 13th total of 5,345,100 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 730.2 days.

Analyst Upgrades and Downgrades

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

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

BAMXF opened at $87.13 on Monday. 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 market cap of $50.52 billion, a price-to-earnings ratio of 6.21 and a beta of 0.91. The company’s 50 day moving average is $83.36 and its 200 day moving average is $81.62. Bayerische Motoren Werke Aktiengesellschaft has a 12-month low of $68.86 and a 12-month high of $123.75.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last released its earnings results on Friday, March 14th. The company reported $2.58 EPS for the quarter, missing analysts’ consensus estimates of $3.68 by ($1.10). Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 8.67% and a net margin of 5.48%. The firm had revenue of $37.70 billion for the quarter, compared to the consensus estimate of $43.77 billion. On average, equities research analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 EPS for the current year.

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.