BYD (OTCMKTS:BYDDF) Hits New 12-Month Low – Here’s Why

BYD Company Limited (OTCMKTS:BYDDF) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $9.30 and last traded at $9.3550, with a volume of 68444 shares trading hands. The stock had previously closed at $9.3880.

BYD Stock Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.56. The stock has a 50 day moving average of $11.97 and a two-hundred day moving average of $12.39. The stock has a market capitalization of $81.80 billion, a PE ratio of 16.72 and a beta of 0.14.

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