BYD Company Limited (OTCMKTS:BYDDF - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $54.60 and last traded at $53.34, with a volume of 292666 shares trading hands. The stock had previously closed at $50.89.
Wall Street Analysts Forecast Growth
Separately, Barclays restated an "overweight" rating and issued a $85.00 price objective on shares of BYD in a research note on Friday.
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BYD Price Performance
The business's 50 day simple moving average is $44.67 and its 200 day simple moving average is $38.12. The company has a market capitalization of $150.86 billion, a price-to-earnings ratio of 31.99 and a beta of 0.31.
BYD (OTCMKTS:BYDDF - Get Free Report) last released its quarterly earnings results on Monday, March 24th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The company had revenue of $37.20 billion for the quarter, compared to analysts' expectations of $174.49 billion.
About BYD
(
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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.
Further Reading
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