Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Shares Cross Below 50 Day Moving Average – What’s Next?

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $29.20 and traded as low as $29.01. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $29.20, with a volume of 166,100 shares changing hands.

Wall Street Analyst Weigh In

Separately, UBS Group raised Bayerische Motoren Werke Aktiengesellschaft from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

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 company has a 50 day simple moving average of $29.20 and a 200-day simple moving average of $29.17. The stock has a market capitalization of $52.79 billion, a price-to-earnings ratio of 4.82 and a beta of 1.10.

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.