Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 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.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BMWYY shares. HSBC cut Bayerische Motoren Werke Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Thursday, March 20th. Barclays downgraded shares of Bayerische Motoren Werke Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a research note on Thursday, March 27th.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

The company has a 50-day moving average of $29.20 and a two-hundred day moving average of $29.20. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.10 and a quick ratio of 0.80. The stock has a market capitalization of $52.79 billion, a PE ratio of 4.82 and a beta of 1.10.

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.