BYD (OTCMKTS:BYDDF) Shares Down 0.2% - What's Next?

Shares of BYD Company Limited (OTCMKTS:BYDDF - Get Free Report) dropped 0.2% during mid-day trading on Monday . The stock traded as low as $45.20 and last traded at $45.70. Approximately 119,551 shares changed hands during trading, a decline of 28% from the average daily volume of 167,163 shares. The stock had previously closed at $45.78.

Analyst Upgrades and Downgrades

Separately, Barclays restated an "overweight" rating and set a $85.00 target price on shares of BYD in a report on Friday, March 28th.

BYD Stock Performance

The firm has a fifty day moving average price of $47.93 and a 200 day moving average price of $39.90. The stock has a market cap of $151.38 billion, a PE ratio of 32.10 and a beta of 0.16.

BYD (OTCMKTS:BYDDF - Get Free Report) last issued its quarterly earnings results on Monday, March 24th. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $37.20 billion during the quarter, compared to analyst estimates of $174.49 billion.

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.