BYD (OTCMKTS:BYDDY) Reaches New 52-Week Low – Should You Sell?

Byd Co., Ltd. (OTCMKTS:BYDDY)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $9.04 and last traded at $9.0450, with a volume of 8,253 shares changing hands. The stock had previously closed at $9.31.

BYD Stock Down 3.2%

The stock has a 50 day moving average of $10.37 and a 200 day moving average of $11.29. The firm has a market capitalization of $80.50 billion, a price-to-earnings ratio of 15.81, a P/E/G ratio of 0.79 and a beta of 0.08.

BYD (OTCMKTS:BYDDY) last posted its quarterly earnings data on Friday, August 28th. The company reported $0.13 earnings per share (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. Analysts predict that Byd Co., Ltd. will post 0.64 earnings per share for the current year.

BYD Company Profile

BYD Company Limited is a China-based technology and manufacturing company headquartered in Shenzhen. Founded in 1995 by Wang Chuanfu, the company initially focused on rechargeable batteries before expanding into automobiles and other technology businesses. BYD is led by Wang Chuanfu, who serves as chairman and president.

BYD’s automotive business develops and manufactures battery-electric vehicles and plug-in hybrid electric vehicles under the BYD brand, along with commercial vehicles such as buses and trucks.