BYD (OTCMKTS:BYDDY) Hits New 12-Month Low – Here’s What Happened

Byd Co., Ltd. (OTCMKTS:BYDDY) shares hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $8.51 and last traded at $8.53, with a volume of 983,747 shares. The stock had previously closed at $8.72.

BYD Stock Performance

The firm has a market cap of $76.18 billion, a P/E ratio of 17.40, a P/E/G ratio of 0.83 and a beta of 0.02. The firm has a 50 day simple moving average of $9.61 and a 200 day simple moving average of $11.40.

BYD (OTCMKTS:BYDDY) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.04). The firm had revenue of $33.25 billion during the quarter, compared to analysts’ expectations of $34.44 billion. Sell-side analysts predict that Byd Co., Ltd. will post 0.62 EPS for the current fiscal year.

About BYD

BYD Company Limited is a China-based manufacturer founded in 1995 as a rechargeable battery company. Headquartered in Shenzhen, the company expanded into the automotive industry in 2003 and has since developed a broad portfolio of transportation and technology businesses. BYD designs and manufactures battery-electric and plug-in hybrid vehicles, along with vehicle components and batteries. Its other activities include electronics manufacturing services, renewable energy products and rail transit systems.