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

Shares of BYD Company Limited (OTCMKTS:BYDDF) hit a new 52-week low on Monday . The company traded as low as $11.20 and last traded at $11.2780, with a volume of 19670 shares trading hands. The stock had previously closed at $11.70.

BYD Price Performance

The stock has a fifty day moving average of $12.87 and a 200 day moving average of $12.60. The stock has a market cap of $98.47 billion, a price-to-earnings ratio of 20.13 and a beta of 0.14. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.56.

BYD (OTCMKTS:BYDDF) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business 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.