BYD (OTCMKTS:BYDDF) Shares Gap Up – Should You Buy?

BYD Company Limited (OTCMKTS:BYDDF) shares gapped up before the market opened on Wednesday . The stock had previously closed at $9.2950, but opened at $9.72. BYD shares last traded at $9.9250, with a volume of 46,365 shares changing hands.

BYD Trading Up 6.8%

The company has a current ratio of 0.87, a quick ratio of 0.56 and a debt-to-equity ratio of 0.29. The firm has a market cap of $86.72 billion, a PE ratio of 17.73 and a beta of 0.14. The firm has a fifty day simple moving average of $11.77 and a two-hundred day simple moving average of $12.34.

BYD (OTCMKTS:BYDDF) last announced its earnings results on Tuesday, April 28th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $21.77 billion during 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.