Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Stock Price Crosses Below 50-Day Moving Average of $38.77

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $38.77 and traded as low as $36.77. Bayerische Motoren Werke Aktiengesellschaft shares last traded at $36.90, with a volume of 45,764 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Jefferies Financial Group reissued a “hold” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Wednesday, March 27th. Redburn Atlantic initiated coverage on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday, January 24th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 0.9 %

The stock has a 50-day moving average price of $38.77 and a two-hundred day moving average price of $36.36. The stock has a market capitalization of $66.71 billion, a PE ratio of 5.80 and a beta of 1.18. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.82 and a current ratio of 1.09.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last posted its quarterly earnings results on Thursday, March 21st. The company reported $1.35 earnings per share for the quarter. The business had revenue of $46.27 billion during the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 7.40% and a return on equity of 12.43%.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a $1.5397 dividend. The ex-dividend date of this dividend is Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s payout ratio is 35.22%.

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.