For Byd share from the “Car Manufacturer” segment, the price of 215 HKD is listed on the Hong Kong stock market on September 17, 2022, 03:56 am
We analyzed Byd’s prospects according to 7 main categories. Stocks receive a partial rating for each category. From a general perspective, the results lead to a classification as “Buy”, “Hold” or “Sell”.
1. Technical Analysis: The moving average price of Byd is currently HKD 259.04. The stock itself has reached a price of HK$215.2. The distance of GD200 is therefore -16.92 percent and leads to “Sell” rating. In contrast, GD50 for the past 50 days is currently at HKD 269.58. In this view, the stock is “Sell” at -20.17 percent. For this we give the general grade “Sell”.
2. Basis: The price-to-earnings (P/E) ratio is a key metric used to evaluate a company’s earnings strength and performance compared to one or more peers. Byd’s current P/E is 216.58. Comparable companies from the “automotive” industry have an average price-earnings ratio of 29.39. Byd is highly valued as it is today. The stock therefore receives a “Sell” rating from the editors in this category.
3. Price to industry benchmark: Byd had a performance of 42.01 percent over the past 12 months. Equivalent stocks in the “Automotive” industry are up an average of 4.87 percent, which translates to a +37.14% industry-wide performance for Byd. The “Consumer Discretionary” sector had an average return of -1.22 percent over the past year. Byd was 43.23 percent above that average. Excellent performance in both areas results in a “buy” rating in this category.
Should BYD Investors Sell Immediately? Or is it worth starting?
How will BYD grow now? Is entry worth it or should investors sell instead? Find the answers to these questions and why you need to act now in the current BYD analysis.