Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Short Interest Update

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 5,307,400 shares, an increase of 71.1% from the March 15th total of 3,102,500 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 6,634.3 days.

Analysts Set New Price Targets

Several analysts have recently weighed in on BAMXF shares. Hsbc Global Res downgraded Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 20th. Berenberg Bank upgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd. Barclays cut Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 27th. Finally, Dbs Bank lowered Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 19th.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

BAMXF opened at $79.84 on Friday. The stock has a market cap of $46.29 billion, a P/E ratio of 5.69 and a beta of 0.85. Bayerische Motoren Werke Aktiengesellschaft has a 1 year low of $68.23 and a 1 year high of $117.91. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.10 and a quick ratio of 0.78. The firm has a fifty day moving average price of $83.68 and a 200 day moving average price of $80.71.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last issued its earnings results on Friday, March 14th. The company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $3.68 by ($1.10). Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 8.67% and a net margin of 5.48%. The company had revenue of $37.70 billion for the quarter, compared to analyst estimates of $43.77 billion. Equities research analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 earnings per share for the current year.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft 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.