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

Byd Co., Ltd. (OTCMKTS:BYDDY - Get Free Report) gapped down prior to trading 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.

BYD Stock Performance

The company has a market capitalization of $140.99 billion, a P/E ratio of 22.18, a P/E/G ratio of 1.81 and a beta of 0.13. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.81 and a quick ratio of 0.51. The stock's 50 day simple moving average is $102.75 and its two-hundred day simple moving average is $90.27.

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

BYD Increases Dividend

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

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.