BYD Company Limited (OTCMKTS:BYDDF – Get Free Report) reached a new 52-week low on Wednesday. The company traded as low as $8.48 and last traded at $8.90, with a volume of 56,355 shares trading hands. The stock had previously closed at $9.07.
More BYD News
These are some of the BYDDF news items that stood out recently:
- Positive Sentiment: Reported early win in dispute with JLR: Coverage says a Dutch court ordered Jaguar Land Rover to destroy certain documents in the dispute over alleged copying of technology and design. This is a favorable development for BYD at this stage, though it does not resolve the broader dispute. Article: BYD wins round one in Defender-copycat battle Article: Why JLR has taken BYD to court
- Positive Sentiment: Charging innovation: Reports describe BYD’s solar- and battery-supported charging station, with robotic charging and very rapid recharge capability. If delivered at scale, the system could help differentiate its charging ecosystem; commercial rollout and economics remain key. Article: BYD’s futuristic EV charging station
- Neutral Sentiment: Further expansion and concepts: Coverage includes the Denza D9’s expected India launch, a possible microcar based on a patent, and a report linking BYD-affiliated batteries to Suzuki e-Sky orders. These may signal market or product opportunities, but details on commercial scale are limited. Article: Denza D9 India launch Article: BYD microcar patent
Analyst Ratings Changes
Separately, UBS Group set a $20.00 target price on BYD in a research note on Friday, September 11th.
View Our Latest Research Report on BYDDF
BYD Stock Performance
The business’s 50 day moving average price is $9.61 and its 200 day moving average price is $11.43.
BYD (OTCMKTS:BYDDF – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). The company had revenue of $32.99 billion for the quarter, compared to analysts’ expectations of $34.35 billion.
About BYD
BYD Company Limited is a China-based manufacturer of automobiles, batteries and electronic products. Founded in 1995 as a rechargeable-battery company, it expanded into vehicle production and is headquartered in Shenzhen, China. The company produces battery-electric and plug-in hybrid passenger vehicles, as well as commercial vehicles such as buses and trucks. Its other businesses include rechargeable batteries and energy-storage products, along with electronics manufacturing services. BYD serves customers in China and international markets, with vehicle sales and operations extending across regions including Europe, Asia and Latin America.
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