BYD (OTCMKTS:BYDDY) Shares Gap Down - Here's What Happened

Byd Co., Ltd. (OTCMKTS:BYDDY - Get Free Report) shares 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 changing hands.

BYD Stock Down 1.1%

The business has a fifty day moving average of $102.75 and a 200 day moving average of $90.13. The stock has a market cap of $140.99 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 1.83 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.

BYD (OTCMKTS:BYDDY - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The company reported $0.86 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 company had revenue of $23.36 billion for the quarter, compared to the consensus estimate of $188.91 billion. On average, equities analysts predict that Byd Co., Ltd. will post 3.87 earnings per share for the current year.

BYD Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, August 13th. Stockholders of record on Thursday, June 12th will be paid a $0.8801 dividend. This is an increase 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 dividend payout ratio (DPR) is presently 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.