BYD (OTCMKTS:BYDDY) Trading Down 1.1% – Here’s What Happened

Byd Co., Ltd. (OTCMKTS:BYDDYGet Free Report)’s share price traded down 1.1% during mid-day trading on Friday . The stock traded as low as $12.52 and last traded at $12.70. 2,556,319 shares were traded during mid-day trading, an increase of 65% from the average session volume of 1,553,592 shares. The stock had previously closed at $12.84.

Analyst Ratings Changes

Separately, Piper Sandler initiated coverage on shares of BYD in a report on Tuesday, November 11th. They set a “neutral” rating for the company. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, BYD presently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on BYD

BYD Stock Down 1.1%

The business’s 50 day simple moving average is $12.41 and its 200 day simple moving average is $24.76. The company has a market capitalization of $113.46 billion, a PE ratio of 17.85, a price-to-earnings-growth ratio of 2.40 and a beta of 0.18.

BYD Company Profile

(Get Free Report)

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.

Further Reading

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