BYD share on a high altitude: Investors cheer over 2.2 percent plus!

BYD share on a high altitude: Investors cheer over 2.2 percent plus!

The BYD share experienced an impressive jump on Tuesday afternoon! In the Nasdaq OTC session, the course shot 2.2 percent to $ 37.63-and that was only the beginning! At 3:50 p.m., the paper in the meantime even reached USD 37.90. A clear upward trend that makes investors cheer! At the beginning of the trade, the course was still $ 37.37, but the interest of the investors caused the stock to rise. So far, 5,719 pieces have been traded, which underlines the dynamics of trade.

record -breaking numbers!

But that's not all: On October 8, 2024, the share set up its current 52-week high of $ 42.00, which means that it still has to grow 11.63 percent to achieve this record. For comparison: On 01.02.2024, the course fell to a 52-week low of $ 21.80, which is a huge difference of 42.06 percent at the current course. Investors were also able to look forward to a dividend of 3.41 HKD for 2023, and for this year analysts even expect 3.39 Cny.

The latest quarterly financial conference brought further exciting insights: BYD presented a result per share of 4.35 HKD, which represents an increase compared to the 3.87 HKD of the previous year. With sales of 214.39 billion HKD, which corresponds to an increase of 24.65 percent compared to the previous year, the company shows impressive growth dynamics! Next balance sheet template? On March 26th, 2025 we can look forward to it.

The current developments at BYD are an exciting topic for investors and market observers. Don't miss the latest news about the BYD share!