BYD (OTCMKTS:BYDDF) Shares Gap Down – Time to Sell?

BYD Company Limited (OTCMKTS:BYDDF) gapped down before the market opened on Thursday . The stock had previously closed at $11.05, but opened at $9.90. BYD shares last traded at $10.93, with a volume of 266,227 shares.

BYD Trading Up 0.5%

The firm has a market capitalization of $96.68 billion, a PE ratio of 19.77 and a beta of 0.14. The company has a quick ratio of 0.56, a current ratio of 0.87 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average price is $12.66 and its 200 day moving average price is $12.56.

BYD (OTCMKTS:BYDDF) last issued its quarterly 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 firm had revenue of $21.77 billion for the quarter, compared to analyst estimates 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.