Macquarie initiated coverage on shares of BYD (OTCMKTS:BYDDY – Free Report) in a report published on Monday, StockNewsAPI reports. The firm issued an outperform rating on the stock.
Separately, Nomura began coverage on shares of BYD in a report on Wednesday, February 28th. They issued a buy rating for the company.
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BYD Trading Down 1.2 %
BYD stock opened at $51.97 on Monday. The firm has a 50 day simple moving average of $50.53 and a 200-day simple moving average of $54.41. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.66 and a quick ratio of 0.44. The stock has a market capitalization of $77.38 billion, a PE ratio of 18.63 and a beta of 0.45. BYD has a 12-month low of $43.62 and a 12-month high of $71.70.
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.
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