BYD (OTCMKTS:BYDDY) Trading Down 2.3% – Time to Sell?

Byd Co., Ltd. (OTCMKTS:BYDDY) shares fell 2.3% during trading on Wednesday . The stock traded as low as $11.53 and last traded at $11.57. 1,614,762 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 1,810,523 shares. The stock had previously closed at $11.84.

BYD Stock Down 2.3%

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 firm has a fifty day moving average price of $13.03 and a 200 day moving average price of $12.61. The firm has a market capitalization of $103.37 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.44 and a beta of 0.19.

BYD (OTCMKTS:BYDDY) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $21.97 billion during the quarter, compared to analyst estimates of $21.09 billion. As a group, sell-side analysts expect that Byd Co., Ltd. will post 0.63 EPS for the current fiscal year.

BYD Company Profile

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.