BYD (OTCMKTS:BYDDY) Stock Price Down 1.1% – Time to Sell?

Byd Co., Ltd. (OTCMKTS:BYDDY)’s stock price traded down 1.1% during mid-day trading on Monday. The stock traded as low as $9.85 and last traded at $9.87. Approximately 891,031 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 1,240,723 shares. The stock had previously closed at $9.98.

BYD Trading Up 0.8%

The company has a market cap of $85.68 billion, a PE ratio of 16.82, a PEG ratio of 0.85 and a beta of 0.10. The stock has a 50 day moving average price of $11.03 and a 200 day moving average price of $11.68.

BYD (OTCMKTS:BYDDY) last issued its quarterly earnings results on Friday, August 28th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The firm had revenue of $24.23 billion during the quarter, compared to analysts’ expectations of $25.81 billion. Equities analysts expect that Byd Co., Ltd. will post 0.64 EPS for the current fiscal 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.