BYD (OTCMKTS:BYDDY) Reaches New 52-Week Low – Here’s Why

Shares of Byd Co., Ltd. (OTCMKTS:BYDDY) reached a new 52-week low on Monday . The company traded as low as $11.20 and last traded at $11.2225, with a volume of 321118 shares traded. The stock had previously closed at $11.26.

BYD Price Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.56. The stock has a market capitalization of $100.28 billion, a PE ratio of 17.82, a price-to-earnings-growth ratio of 1.37 and a beta of 0.15. The stock’s 50 day moving average is $12.81 and its two-hundred day moving average is $12.56.

BYD (OTCMKTS:BYDDY) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. The firm had revenue of $21.97 billion for the quarter, compared to analyst estimates of $21.09 billion. As a group, sell-side analysts forecast that Byd Co., Ltd. will post 0.63 earnings per share for the current fiscal year.

About BYD

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.