BYD (OTCMKTS:BYDDF) Sees Unusually-High Trading Volume – Time to Buy?

Shares of BYD Company Limited (OTCMKTS:BYDDF) saw unusually-strong trading volume on Wednesday . Approximately 214,676 shares were traded during trading, a decline of 2% from the previous session’s volume of 218,669 shares.The stock last traded at $10.51 and had previously closed at $10.6375.

BYD Stock Down 1.1%

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 company has a fifty day moving average price of $12.44 and a 200 day moving average price of $12.51. The company has a market cap of $90.22 billion, a PE ratio of 18.45 and a beta of 0.14.

BYD (OTCMKTS:BYDDF) last announced its earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $21.77 billion for the quarter, compared to analyst estimates 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.