BYD (BYDDY) Set to Announce Quarterly Earnings

BYD (OTCMKTS:BYDDY) is ready to report its quarterly earnings on Tuesday, March 25th, according to Financial Modeling Prep. Analysts predict that the company's earnings per share will reach $1.39, while the revenue is expected to be around $174.49 billion for the upcoming quarter.

Recent Stock Performance

On Monday, BYDDY shares decreased by 6.1%, falling to $101.16. The trading volume for the day was 844,574 shares, exceeding the average volume of 599,768. Currently, the stock's 50-day moving average stands at $85.59, and the 200-day moving average is at $74.93. BYD has a market capitalization of approximately $150.63 billion and shows a PE ratio of 31.22 and a price-to-earnings-growth ratio of 0.82. Over the past year, the stock has ranged between a low of $50.00 and a high of $109.20.

About BYD Company

BYD Company Limited, along with its subsidiaries, is involved in the automobile and battery sectors, operating primarily in the People's Republic of China, Hong Kong, Macau, Taiwan, and other international markets. The company has two main segments: Mobile Handset Components and Assembly Services including Other Products, and Automobiles along with Related Products.

Market Opinions

While BYD is currently rated as a "Buy" by analysts, a recent report suggests that there are five other stocks that may be more attractive options for investors right now. This reflects a cautious approach in light of ongoing market fluctuations.

Conclusion

Investors are keeping a close eye on BYD's earnings announcement this Tuesday, as the results could provide valuable insights into the company's financial health and future prospects.

BYD, Earnings, Stocks