BYD (OTCMKTS:BYDDY) Receives New Coverage from Analysts at Macquarie

Macquarie began coverage on shares of BYD (OTCMKTS:BYDDY) in a research report sent to investors on Monday, StockNewsAPI reports. The firm issued an outperform rating on the stock.

Separately, Nomura assumed coverage on BYD in a report on Wednesday, February 28th. They set a buy rating on the stock.

BYD Stock Performance

BYDDY opened at $51.54 on Monday. BYD has a 52-week low of $43.62 and a 52-week high of $71.70. The firm has a market capitalization of $76.74 billion, a PE ratio of 18.47 and a beta of 0.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.44 and a current ratio of 0.66. The business’s 50-day simple moving average is $50.72 and its 200 day simple moving average is $54.32.

About BYD

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.