BYD (OTCMKTS:BYDDF) Shares Gap Up – Still a Buy?

Shares of BYD Company Limited (OTCMKTS:BYDDFGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $11.1350, but opened at $11.59. BYD shares last traded at $11.43, with a volume of 217,062 shares traded.

BYD Trading Up 4.0%

The company’s 50 day moving average is $11.15 and its 200 day moving average is $12.23. The company has a market cap of $101.11 billion, a PE ratio of 20.67 and a beta of 0.14.

BYD (OTCMKTS:BYDDFGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 EPS for the quarter, missing the consensus estimate 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.

BYD Company Profile

(Get Free Report)

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.

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