BYD Company Limited (OTCMKTS:BYDDF – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $12.27, but opened at $11.70. BYD shares last traded at $12.48, with a volume of 731,570 shares changing hands.
BYD Stock Performance
The stock’s 50 day moving average is $12.40 and its 200-day moving average is $12.91.
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.
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