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

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

Analyst Upgrades and Downgrades

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

Bayerische Motoren Werke Aktiengesellschaft Trading Up 4.6 %

The business’s 50 day moving average price is $29.20 and its 200-day moving average price 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. The company has a market cap of $52.79 billion, a price-to-earnings ratio of 4.82 and a beta of 1.10.

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