Byd Co., Ltd. (OTCMKTS:BYDDY – Get Free Report)’s stock price shot up 1.7% during mid-day trading on Monday . The stock traded as high as $12.77 and last traded at $12.62. 1,871,011 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 1,890,026 shares. The stock had previously closed at $12.41.
Analysts Set New Price Targets
Separately, Piper Sandler initiated coverage on BYD in a research report on Tuesday, November 11th. They set a “neutral” rating for the company. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.
Check Out Our Latest Report on BYD
BYD Stock Performance
BYD Company Profile
BYD Co Ltd. (OTCMKTS: BYDDY) is a diversified Chinese industrial and technology company founded in 1995 and headquartered in Shenzhen, Guangdong. Originally established as a manufacturer of rechargeable batteries, BYD has expanded into a broad portfolio of businesses focused on electrification, energy and electronics. The company operates through a number of business units and subsidiaries, including BYD Auto and BYD Electronics, and is led by founder and chairman Wang Chuanfu.
The company’s primary activities center on new-energy vehicles and battery technologies.
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