BYD (OTCMKTS:BYDDY) Shares Gap Up – What’s Next?

Byd Co., Ltd. (OTCMKTS:BYDDYGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $11.08, but opened at $11.50. BYD shares last traded at $11.49, with a volume of 311,982 shares changing hands.

BYD Stock Down 1.0%

The company’s fifty day moving average price is $11.04 and its two-hundred day moving average price is $12.16. The company has a market cap of $101.04 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 1.38 and a beta of 0.15.

BYD (OTCMKTS:BYDDYGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $21.97 billion during the quarter, compared to the consensus estimate of $21.09 billion. On average, equities research analysts predict that Byd Co., Ltd. will post 0.64 earnings per share for the current fiscal year.

BYD Company Profile

(Get Free Report)

BYD Co Ltd. (OTCMKTS: BYDDY) is a diversified Chinese industrial and technology company founded in 1995 and headquartered in Shenzhen, Guangdong. Originally established as a manufacturer of rechargeable batteries, BYD has expanded into a broad portfolio of businesses focused on electrification, energy and electronics. The company operates through a number of business units and subsidiaries, including BYD Auto and BYD Electronics, and is led by founder and chairman Wang Chuanfu.

The company’s primary activities center on new-energy vehicles and battery technologies.

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