BYD (OTCMKTS:BYDDY) Hits New 1-Year Low – Here’s Why

Byd Co., Ltd. (OTCMKTS:BYDDY) reached a new 52-week low during trading on Tuesday . The company traded as low as $10.63 and last traded at $10.64, with a volume of 487236 shares traded. The stock had previously closed at $10.94.

BYD Trading Down 2.8%

The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.56 and a current ratio of 0.87. The stock has a market cap of $95.03 billion, a P/E ratio of 16.88, a P/E/G ratio of 1.34 and a beta of 0.15. The company has a 50-day simple moving average of $12.56 and a 200-day simple moving average of $12.51.

BYD (OTCMKTS:BYDDY) last announced its earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $21.97 billion during the quarter, compared to analyst estimates of $21.09 billion. On average, sell-side analysts forecast that Byd Co., Ltd. will post 0.63 EPS for the current fiscal year.

About BYD

BYD Co Ltd. (OTCMKTS: BYDDY) is a diversified Chinese industrial and technology company founded in 1995 and headquartered in Shenzhen, Guangdong. Originally established as a manufacturer of rechargeable batteries, BYD has expanded into a broad portfolio of businesses focused on electrification, energy and electronics. The company operates through a number of business units and subsidiaries, including BYD Auto and BYD Electronics, and is led by founder and chairman Wang Chuanfu.

The company’s primary activities center on new-energy vehicles and battery technologies.