BYD Company Limited (OTCMKTS:BYDDF – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $9.2950, but opened at $9.72. BYD shares last traded at $9.9250, with a volume of 46,365 shares trading hands.
BYD Stock Performance
The firm has a market cap of $89.08 billion, a P/E ratio of 18.21 and a beta of 0.14. The business’s 50-day simple moving average is $11.61 and its 200 day simple moving average is $12.31.
BYD (OTCMKTS:BYDDF – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $21.77 billion during the quarter, compared to analysts’ expectations of $21.05 billion.
About BYD
BYD Company Limited is a leading Chinese manufacturer specializing in electric vehicles, rechargeable batteries and renewable energy solutions. Established in 1995 in Shenzhen by entrepreneur Wang Chuanfu, BYD initially focused on the production of nickel-metal hydride batteries before expanding into automotive manufacturing in the early 2000s. The company’s name, an acronym of “Build Your Dreams,” reflects its mission to drive sustainable transportation and energy innovation worldwide.
In its automotive segment, BYD designs and produces a broad range of passenger cars, buses, trucks and commercial vehicles, with a particular emphasis on battery-electric and plug-in hybrid models.
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