BYD Electronic (International) (OTC:BYDIF) Stock Price Up 5.3% – Should You Buy?

BYD Electronic (International) Company Limited (OTC:BYDIF)’s stock price was up 5.3% during mid-day trading on Wednesday . The company traded as high as C$4.62 and last traded at C$4.60. Approximately 3,310 shares traded hands during trading, a decline of 48% from the average daily volume of 6,390 shares. The stock had previously closed at C$4.37.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of BYD Electronic (International) in a report on Friday, October 31st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

BYD Electronic (International) Stock Performance

The stock has a fifty day moving average price of C$5.10 and a 200 day moving average price of C$4.65.

BYD Electronic (International) Company Profile

BYD Electronic (International) Company Limited, an investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People's Republic of China and internationally. The company is involved in various businesses comprising smart phones, tablet PCs, new energy vehicles, residential energy storage, smart home, game hardware, unmanned aerial vehicles, AI servers, 3D printers, Internet of Things, robots, communication equipment, health devices, and other diversified market areas.