Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Shares Cross Above 200-Day Moving Average – Here’s Why

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €78.78 ($81.22) and traded as high as €80.28 ($82.76). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €78.86 ($81.30), with a volume of 1,027,536 shares changing hands.

Bayerische Motoren Werke Aktiengesellschaft Stock Down 2.7 %

The business has a 50-day simple moving average of €73.71 and a two-hundred day simple moving average of €78.78. The company has a market capitalization of $44.51 billion, a price-to-earnings ratio of 4.64, a PEG ratio of 18.24 and a beta of 1.08. The company has a debt-to-equity ratio of 109.40, a quick ratio of 0.71 and a current ratio 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.