BYD (OTCMKTS:BYDDF) Hits New 52-Week Low – Should You Sell?

BYD Company Limited (OTCMKTS:BYDDF) reached a new 52-week low on Wednesday. The stock traded as low as $9.00 and last traded at $9.1125, with a volume of 18,263 shares traded. The stock had previously closed at $9.29.

Analyst Upgrades and Downgrades

Separately, UBS Group set a $20.00 target price on BYD in a research report on Friday, September 11th.

BYD Price Performance

The company has a market capitalization of $79.34 billion, a PE ratio of 20.19 and a beta of 0.07. The firm has a 50-day moving average of $10.42 and a 200 day moving average of $11.34.

BYD (OTCMKTS:BYDDF) last posted its earnings results on Friday, August 28th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The business had revenue of $24.10 billion for the quarter, compared to analyst estimates of $25.62 billion.

About BYD

BYD Co, Ltd. is a China-based technology and manufacturing company founded in 1995 and headquartered in Shenzhen. The company is best known for developing and producing electric and plug-in hybrid vehicles, including passenger cars, buses, trucks and other commercial vehicles under the BYD brand.

BYD also manufactures batteries and related energy-storage products, including batteries used in vehicles, renewable-energy systems and other applications. Its broader business activities include solar-power equipment, energy-storage solutions, rail transit systems and electronic components and assembly services for consumer and industrial products.

The company serves customers in China and international markets across Asia, Europe, North America, South America and other regions.