Boyd Group Services (OTCMKTS:BYDGF) Trading 5.7% Higher – Time to Buy?

Boyd Group Services Inc. (OTCMKTS:BYDGF)’s stock price was up 5.7% during trading on Tuesday . The company traded as high as $161.1325 and last traded at $158.22. Approximately 63,558 shares changed hands during trading, an increase of 3,101% from the average daily volume of 1,986 shares. The stock had previously closed at $149.7255.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BYDGF shares. CIBC reissued an “outperform” rating on shares of Boyd Group Services in a research report on Monday, October 20th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Boyd Group Services in a research note on Wednesday, November 5th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Boyd Group Services Price Performance

The business’s 50 day moving average price is $161.74 and its 200 day moving average price is $155.44. The stock has a market capitalization of $3.40 billion, a P/E ratio of 427.62 and a beta of 0.73. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.59 and a quick ratio of 0.44.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.