BYD Company Limited (OTCMKTS:BYDDF - Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 3,058,700 shares, a growth of 57.2% from the May 15th total of 1,946,200 shares. Based on an average trading volume of 511,700 shares, the days-to-cover ratio is currently 6.0 days. Approximately 0.1% of the company's stock are short sold.
Wall Street Analyst Weigh In
Separately, Barclays reiterated an "overweight" rating and issued a $85.00 price objective on shares of BYD in a report on Friday, March 28th.
View Our Latest Report on BYDDF
BYD Stock Down 3.1%
Shares of BYDDF stock traded down $0.53 on Friday, reaching $16.86. The stock had a trading volume of 266,604 shares, compared to its average volume of 528,391. BYD has a 12 month low of $8.52 and a 12 month high of $20.50. The firm has a market capitalization of $49.08 billion, a price-to-earnings ratio of 10.41 and a beta of 0.12. The firm's 50-day moving average is $48.06 and its two-hundred day moving average is $43.16.
BYD (OTCMKTS:BYDDF - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.08. The business had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $188.91 billion.
BYD Dividend Announcement
The firm also recently declared a dividend, which will be paid on Tuesday, July 29th. Shareholders of record on Wednesday, June 11th will be issued a dividend of $3.974 per share. This represents a yield of 1.05%. The ex-dividend date is Tuesday, June 10th.
BYD Company Profile
(
Get Free Report)
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
Before you consider BYD, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BYD wasn't on the list.
While BYD currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
