BYD (OTCMKTS:BYDDY) Earns Outperform Rating from Analysts at Macquarie

Macquarie assumed coverage on shares of BYD (OTCMKTS:BYDDY) in a research note issued to investors on Monday morning, StockNewsAPI reports. The brokerage issued an outperform rating on the stock.

Separately, Nomura assumed coverage on BYD in a report on Wednesday, February 28th. They set a buy rating on the stock.

BYD Stock Performance

BYDDY opened at $51.54 on Monday. The firm has a market capitalization of $76.74 billion, a P/E ratio of 18.47 and a beta of 0.45. The stock’s 50 day moving average price is $50.72 and its two-hundred day moving average price is $54.32. The company has a quick ratio of 0.44, a current ratio of 0.66 and a debt-to-equity ratio of 0.09. BYD has a 12-month low of $43.62 and a 12-month high of $71.70.

BYD Company Profile

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.