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BYD (OTCMKTS:BYDDY) Shares Gap Down - Time to Sell?

BYD logo with Auto/Tires/Trucks background

Byd Co., Ltd. (OTCMKTS:BYDDY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $98.56, but opened at $95.76. BYD shares last traded at $95.80, with a volume of 149,280 shares traded.

BYD Trading Down 2.6%

The company has a current ratio of 0.81, a quick ratio of 0.51 and a debt-to-equity ratio of 0.06. The stock has a market cap of $142.87 billion, a P/E ratio of 22.47, a price-to-earnings-growth ratio of 1.92 and a beta of 0.13. The business's fifty day simple moving average is $102.62 and its 200 day simple moving average is $89.80.

BYD (OTCMKTS:BYDDY - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.16. BYD had a return on equity of 22.70% and a net margin of 5.71%. The business had revenue of $23.36 billion for the quarter, compared to analyst estimates of $188.91 billion. As a group, analysts expect that Byd Co., Ltd. will post 3.87 EPS for the current year.

BYD Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, August 13th. Stockholders of record on Thursday, June 12th will be paid a $0.8801 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This is a boost from BYD's previous dividend of $0.72. This represents a dividend yield of 0.84%. BYD's dividend payout ratio is 20.61%.

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.

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