BMW Group (OTCMKTS:BMWYY) Downgrade of Rating
BMW Group (OTCMKTS:BMWYY) was downgraded by Morgan Stanley from Equal-Weight Rating to Underweight rating in a report sent to clients and investors on Thursday, 19 October.
The rating downgrade was most probably noticed by investors, as OTCMKTS:BMWYY is right now trading -1.50% lower at $34.24 as of 2:05 AM New York time. BMW Group shares have [From2] 0% in the past 200 days, while the S&P500 has increased 6.00% in the same time.
BMW Group (OTCMKTS:BMWYY) traded down -1.50% on 19 October, hitting $34.24. A total of 6,226 shares of the company’s stock traded hands. This is down from average of 81,446 shares. BMW Group has a 52 week low of $27.51 and a 52 week high of $35.01. The company has a market cap of $62.78B and a P/E ratio of 0.
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The post BMW Group (OTCMKTS:BMWYY) Given a Underweight Rating by Morgan Stanley. Lost Its Equal-Weight Rating appeared first on Octafinance.