BYD (OTCMKTS:BYDDY) Hits New 12-Month Low – Here’s Why

Byd Co., Ltd. (OTCMKTS:BYDDY) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.20 and last traded at $11.2225, with a volume of 321118 shares changing hands. The stock had previously closed at $11.26.

BYD Price Performance

The firm’s 50-day moving average price is $12.75 and its 200-day moving average price is $12.54. The company has a current ratio of 0.87, a quick ratio of 0.56 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $99.52 billion, a PE ratio of 17.68, a PEG ratio of 1.36 and a beta of 0.15.

BYD (OTCMKTS:BYDDY) last announced its earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $21.97 billion for the quarter, compared to analysts’ expectations of $21.09 billion. On average, equities analysts forecast that Byd Co., Ltd. will post 0.63 EPS for the current fiscal year.

BYD Company Profile

BYD Co Ltd. (OTCMKTS: BYDDY) is a diversified Chinese industrial and technology company founded in 1995 and headquartered in Shenzhen, Guangdong. Originally established as a manufacturer of rechargeable batteries, BYD has expanded into a broad portfolio of businesses focused on electrification, energy and electronics. The company operates through a number of business units and subsidiaries, including BYD Auto and BYD Electronics, and is led by founder and chairman Wang Chuanfu.

The company’s primary activities center on new-energy vehicles and battery technologies.