BYD (OTCMKTS:BYDDY) Reaches New 1-Year Low – Here’s Why

Byd Co., Ltd. (OTCMKTS:BYDDY)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.63 and last traded at $10.64, with a volume of 487236 shares. The stock had previously closed at $10.94.

BYD Stock Down 2.2%

The firm’s fifty day moving average price is $12.45 and its 200-day moving average price is $12.48. The company has a market capitalization of $92.82 billion, a price-to-earnings ratio of 16.49, a P/E/G ratio of 1.28 and a beta of 0.15. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.56.

BYD (OTCMKTS:BYDDY) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The company had revenue of $21.97 billion for the quarter, compared to analyst estimates of $21.09 billion. Sell-side analysts expect that Byd Co., Ltd. will post 0.64 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.