BYD (OTCMKTS:BYDDY – Get Free Report) released its earnings results on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04), Zacks reports. The business had revenue of $33.25 billion for the quarter, compared to the consensus estimate of $34.44 billion.
BYD Stock Up 1.6%
OTCMKTS BYDDY opened at $8.71 on Friday. BYD has a 1-year low of $8.51 and a 1-year high of $14.46. The firm’s fifty day simple moving average is $9.98 and its 200-day simple moving average is $11.54.
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.
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