BYD (OTCMKTS:BYDDF) Reaches New 1-Year Low – What’s Next?

BYD Company Limited (OTCMKTS:BYDDF) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $9.50 and last traded at $9.66, with a volume of 35190 shares traded. The stock had previously closed at $10.33.

BYD Stock Performance

The company has a market cap of $84.71 billion, a P/E ratio of 17.32 and a beta of 0.14. The stock’s 50 day moving average is $12.15 and its 200-day moving average is $12.43. The company has a current ratio of 0.87, a quick ratio of 0.56 and a debt-to-equity ratio of 0.29.

BYD (OTCMKTS:BYDDF) last released its quarterly earnings data 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 business 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.