BYD (BYDDY) to Release Quarterly Earnings on Wednesday

BYD (OTCMKTS:BYDDY) is projected to issue its results before the market opens on Wednesday, November 5th. Analysts expect the company to announce earnings of $0.1977 per share and revenue of $34.2642 billion for the quarter.

BYD Stock Down 2.3%

Shares of OTCMKTS BYDDY traded down $0.30 during mid-day trading on Monday, reaching $12.64. The company had a trading volume of 513,647 shares, compared to its average volume of 3,386,066. The company has a current ratio of 0.81, a quick ratio of 0.51 and a debt-to-equity ratio of 0.06. The firm has a 50 day simple moving average of $13.79 and a two-hundred day simple moving average of $58.93. The stock has a market cap of $112.90 billion, a P/E ratio of 17.76, a PEG ratio of 2.66 and a beta of 0.21. BYD has a 52-week low of $10.58 and a 52-week high of $20.05.

Analyst Ratings Changes

Several research analysts have issued reports on BYDDY shares. Erste Group Bank downgraded shares of BYD from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Jefferies Financial Group downgraded shares of BYD from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

BYD Company Profile

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.