BYD (OTCMKTS:BYDDF) Sets New 1-Year Low – What’s Next?

Shares of BYD Company Limited (OTCMKTS:BYDDF) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.20 and last traded at $11.2780, with a volume of 19670 shares trading hands. The stock had previously closed at $11.70.

BYD Stock Performance

The firm has a fifty day moving average of $12.87 and a 200 day moving average of $12.60. 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 stock has a market capitalization of $98.47 billion, a price-to-earnings ratio of 20.13 and a beta of 0.14.

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