BYD (OTCMKTS:BYDDF) Hits New 52-Week Low – Here’s What Happened

BYD Company Limited (OTCMKTS:BYDDF) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $9.50 and last traded at $9.66, with a volume of 35190 shares. The stock had previously closed at $10.33.

BYD Price Performance

The company has a 50-day moving average of $12.31 and a 200-day moving average of $12.48. 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 stock has a market cap of $84.95 billion, a price-to-earnings ratio of 17.37 and a beta of 0.14.

BYD (OTCMKTS:BYDDF) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 earnings per share 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.

BYD Company Profile

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.