BYD Electronic (International) (OTC:BYDIF) Trading Up 10.4% – Still a Buy?

BYD Electronic (International) Company Limited (OTC:BYDIFGet Free Report)’s share price traded up 10.4% on Tuesday . The company traded as high as C$4.10 and last traded at C$4.05. 2,850 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 1,783 shares. The stock had previously closed at C$3.67.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered BYD Electronic (International) from a “buy” rating to a “neutral” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on BYDIF

BYD Electronic (International) Price Performance

The firm has a 50-day moving average of C$4.30 and a 200-day moving average of C$4.66.

BYD Electronic (International) Company Profile

(Get Free Report)

BYD Electronic (International) Company Limited, an investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People's Republic of China and internationally. The company is involved in various businesses comprising smart phones, tablet PCs, new energy vehicles, residential energy storage, smart home, game hardware, unmanned aerial vehicles, AI servers, 3D printers, Internet of Things, robots, communication equipment, health devices, and other diversified market areas.

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