BYD Electronic (International) (OTC:BYDIF) Shares Up 0.8% – Still a Buy?

Shares of BYD Electronic (International) Company Limited (OTC:BYDIF) traded up 0.8% during mid-day trading on Thursday . The company traded as high as C$4.49 and last traded at C$4.49. 500 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 475 shares. The stock had previously closed at C$4.45.

Analysts Set New Price Targets

Separately, Citigroup reaffirmed a “buy” rating on shares of BYD Electronic (International) in a research note on Friday, October 31st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

BYD Electronic (International) Price Performance

The business’s fifty day simple moving average is C$4.42 and its 200-day simple moving average is C$4.73.

BYD Electronic (International) Company Profile

BYD Electronic (International) Company Limited, an investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People's Republic of China and internationally. The company is involved in various businesses comprising smart phones, tablet PCs, new energy vehicles, residential energy storage, smart home, game hardware, unmanned aerial vehicles, AI servers, 3D printers, Internet of Things, robots, communication equipment, health devices, and other diversified market areas.