Byd Co., Ltd. (OTCMKTS:BYDDY – Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday. The company traded as low as $9.04 and last traded at $9.0450, with a volume of 8,253 shares changing hands. The stock had previously closed at $9.31.
BYD Trading Down 3.7%
The business’s fifty day simple moving average is $10.28 and its two-hundred day simple moving average is $11.23.
BYD (OTCMKTS:BYDDY – Get Free Report) last announced its quarterly earnings results on Friday, August 28th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $24.23 billion during the quarter, compared to analysts’ expectations of $25.81 billion. Sell-side analysts expect that Byd Co., Ltd. will post 0.64 EPS for the current year.
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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