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

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) shares were up 4.6% on Wednesday . The stock traded as high as $29.28 and last traded at $29.20. Approximately 166,100 shares were traded during mid-day 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

A number of research firms have recently issued reports on BMWYY. Barclays upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a research note on Thursday, October 3rd. UBS Group upgraded Bayerische Motoren Werke Aktiengesellschaft from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd. Two research 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 company’s stock. According to MarketBeat, Bayerische Motoren Werke Aktiengesellschaft has a consensus rating of “Moderate Buy”.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 4.6 %

The firm’s fifty day moving average is $29.20 and its 200-day moving average is $29.73. The company has a market capitalization of $52.79 billion, a P/E ratio of 4.82 and a beta of 1.10. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 1.10.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last posted its earnings results on Wednesday, November 6th. The company reported $0.23 EPS 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 for the quarter. As a group, equities research analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS 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.