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

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY)’s stock price crossed below its fifty day moving average during trading on Tuesday . 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 traded.

Wall Street Analysts Forecast Growth

BMWYY has been the subject of a number of recent analyst reports. UBS Group raised Bayerische Motoren Werke Aktiengesellschaft from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd. HSBC downgraded Bayerische Motoren Werke Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. 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 stock has a 50 day simple moving average of $29.20 and a 200-day simple moving average of $29.05. The firm 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 current ratio of 1.10, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62.

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.