Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Shares Cross Below 50 Day Moving Average of $38.77

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $38.77 and traded as low as $36.77. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $36.90, with a volume of 45,764 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Jefferies Financial Group restated a “hold” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday, March 27th. Redburn Atlantic started coverage on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday, January 24th. They set a “buy” rating for the company. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Bayerische Motoren Werke Aktiengesellschaft has a consensus rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 0.9 %

The business’s 50 day moving average is $38.77 and its 200-day moving average is $36.36. The stock has a market cap of $66.71 billion, a price-to-earnings ratio of 5.80 and a beta of 1.18. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.82 and a current ratio of 1.09.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last issued its quarterly earnings results on Thursday, March 21st. The company reported $1.35 earnings per share (EPS) for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 12.43% and a net margin of 7.40%. The firm had revenue of $46.27 billion for the quarter.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 17th will be issued a $1.5397 dividend. The ex-dividend date is Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s payout ratio is currently 35.22%.

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.