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

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) was the target of a large decline in short interest in July. As of July 31st, there was short interest totalling 27,800 shares, a decline of 61.1% from the July 15th total of 71,400 shares. Based on an average daily volume of 238,400 shares, the days-to-cover ratio is presently 0.1 days.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 1.0 %

Shares of OTCMKTS:BMWYY traded up $0.28 during trading on Thursday, reaching $29.32. The stock had a trading volume of 228,566 shares, compared to its average volume of 92,151. The firm’s 50-day simple moving average is $31.41 and its 200 day simple moving average is $35.20. The company has a current ratio of 1.13, a quick ratio of 0.83 and a debt-to-equity ratio of 0.57. Bayerische Motoren Werke Aktiengesellschaft has a one year low of $28.60 and a one year high of $41.65. The company has a market capitalization of $53.00 billion, a P/E ratio of 4.84 and a beta of 1.10.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last announced its earnings results on Thursday, August 1st. The company reported $1.49 earnings per share for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 6.90% and a return on equity of 11.36%. The company had revenue of $39.77 billion during the quarter. As a group, research analysts expect that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BMWYY shares. HSBC upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th. Hsbc Global Res raised Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 9th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

About Bayerische Motoren Werke Aktiengesellschaft

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.