Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Trading 4.6% Higher – Time to Buy?

Shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) rose 4.6% during mid-day trading on Tuesday . The company traded as high as $29.28 and last traded at $29.20. Approximately 166,100 shares changed hands during trading, an increase of 63% from the average daily volume of 102,201 shares. The stock had previously closed at $27.92.

Analyst Ratings Changes

Separately, Barclays raised Bayerische Motoren Werke Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a report on Thursday, October 3rd. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Bayerische Motoren Werke Aktiengesellschaft presently has an average rating of “Moderate Buy”.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 4.6 %

The company has a quick ratio of 0.80, a current ratio of 1.10 and a debt-to-equity ratio of 0.62. The stock has a market cap of $52.79 billion, a PE ratio of 4.82 and a beta of 1.10. The business’s fifty day moving average is $28.80 and its 200 day moving average is $30.87.

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. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.39% and a net margin of 6.90%. The business had revenue of $35.62 billion for the quarter. As a group, analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 earnings per share for the current year.

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.