BYD (OTCMKTS:BYDDY) Reaches New 12-Month Low – Should You Sell?

Byd Co., Ltd. (OTCMKTS:BYDDY)’s stock price reached a new 52-week low during trading on Thursday. The stock traded as low as $9.21 and last traded at $9.23, with a volume of 864590 shares traded. The stock had previously closed at $9.38.

BYD Price Performance

The firm has a market capitalization of $82.46 billion, a price-to-earnings ratio of 16.19, a PEG ratio of 0.82 and a beta of 0.08. The firm has a 50 day moving average price of $10.81 and a 200-day moving average price of $11.54.

BYD (OTCMKTS:BYDDY) last released its earnings results on Friday, August 28th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $24.23 billion for the quarter, compared to analyst estimates of $25.81 billion. Equities research analysts predict that Byd Co., Ltd. will post 0.64 earnings per share for the current year.

About BYD

BYD Company Limited is a China-based technology and manufacturing company best known for its electric vehicles and rechargeable battery systems. Founded in 1995 and headquartered in Shenzhen, the company initially focused on batteries before entering the automotive industry in 2003.

BYD develops and manufactures battery-electric and plug-in hybrid passenger vehicles, commercial vehicles, buses, trucks, and specialty vehicles. Its automotive business includes the BYD, Denza, Fangchengbao, and Yangwang brands, as well as components and technologies such as vehicle batteries, electric powertrains, and the proprietary Blade Battery.