BYD (OTCMKTS:BYDDF) Sees Unusually-High Trading Volume – Here’s Why

Shares of BYD Company Limited (OTCMKTS:BYDDF) saw an uptick in trading volume on Wednesday . 226,568 shares changed hands during mid-day trading, an increase of 8% from the previous session’s volume of 209,772 shares.The stock last traded at $12.64 and had previously closed at $13.00.

BYD Trading Down 1.5%

The company has a quick ratio of 0.56, a current ratio of 0.87 and a debt-to-equity ratio of 0.29. The company has a market cap of $111.84 billion, a P/E ratio of 22.87 and a beta of 0.18. The firm’s 50 day moving average is $13.13 and its two-hundred day moving average is $12.75.

BYD (OTCMKTS:BYDDF) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The company had revenue of $21.77 billion for the quarter, compared to the consensus estimate of $21.05 billion.

BYD Company Profile

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.