BYD (OTCMKTS:BYDDF - Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.08, reports. The business had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $188.91 billion.
BYD Stock Performance
BYDDF stock traded down $0.71 during midday trading on Thursday, reaching $47.56. 83,137 shares of the company traded hands, compared to its average volume of 163,966. The firm has a market capitalization of $138.44 billion, a price-to-earnings ratio of 29.35 and a beta of 0.16. The business has a 50 day moving average of $48.12 and a 200-day moving average of $40.28. BYD has a 52-week low of $25.57 and a 52-week high of $54.60.
Analyst Ratings Changes
Separately, Barclays reiterated an "overweight" rating and set a $85.00 price objective on shares of BYD in a research note on Friday, March 28th.
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BYD Company Profile
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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.
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