Byd Co., Ltd. (OTCMKTS:BYDDY – Get Free Report) reached a new 52-week low on Thursday following a weaker than expected earnings announcement. The stock traded as low as $8.60 and last traded at $8.65, with a volume of 512,789 shares trading hands. The stock had previously closed at $8.92.
The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.03).
BYD Stock Down 4.1%
The stock has a market capitalization of $76.39 billion, a P/E ratio of 15.00, a price-to-earnings-growth ratio of 0.78 and a beta of 0.08. The business’s 50 day simple moving average is $10.10 and its two-hundred day simple moving average is $11.58.
About BYD
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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