BYD (OTCMKTS:BYDDF) Sees Large Volume Increase – Time to Buy?

BYD Company Limited (OTCMKTS:BYDDF) shares saw an uptick in trading volume on Thursday . 583,227 shares were traded during mid-day trading, an increase of 169% from the previous session’s volume of 216,440 shares.The stock last traded at $12.1075 and had previously closed at $11.8336.

BYD Stock Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.56. The firm has a market capitalization of $102.84 billion, a PE ratio of 21.03 and a beta of 0.14. The company’s fifty day simple moving average is $12.95 and its 200 day simple moving average is $12.62.

BYD (OTCMKTS:BYDDF) last posted 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.

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.