BYD Electronic (International) (OTC:BYDIF) Stock Price Up 5.3% – Should You Buy?

BYD Electronic (International) Company Limited (OTC:BYDIF) rose 5.3% during trading on Wednesday . The stock traded as high as C$4.62 and last traded at C$4.60. Approximately 3,310 shares were traded during trading, a decline of 48% from the average daily volume of 6,390 shares. The stock had previously closed at C$4.37.

Analyst Ratings Changes

Separately, Citigroup reissued a “buy” rating on shares of BYD Electronic (International) in a research note on Friday, October 31st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

BYD Electronic (International) Trading Up 5.3%

The business has a fifty day moving average price of C$5.10 and a two-hundred day moving average price of C$4.65.

About BYD Electronic (International)

BYD Electronic (International) Company Limited, an investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People's Republic of China and internationally. The company is involved in various businesses comprising smart phones, tablet PCs, new energy vehicles, residential energy storage, smart home, game hardware, unmanned aerial vehicles, AI servers, 3D printers, Internet of Things, robots, communication equipment, health devices, and other diversified market areas.