Boyd Group Services (OTCMKTS:BYDGF) Shares Down 5% – Time to Sell?

Shares of Boyd Group Services Inc. (OTCMKTS:BYDGF) were down 5% during mid-day trading on Monday . The company traded as low as $147.00 and last traded at $147.00. Approximately 670 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 3,917 shares. The stock had previously closed at $154.77.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BYDGF shares. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Boyd Group Services in a research note on Thursday. BMO Capital Markets reissued an “outperform” rating on shares of Boyd Group Services in a research report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Boyd Group Services Trading Down 5.0%

The business’s 50-day moving average price is $146.87 and its two-hundred day moving average price is $154.09. The company has a market capitalization of $3.16 billion, a P/E ratio of 76.96 and a beta of 0.73. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.70 and a quick ratio of 0.55.

Boyd Group Services (OTCMKTS:BYDGF) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The firm had revenue of $778.32 million for the quarter, compared to the consensus estimate of $822.70 million. Boyd Group Services had a return on equity of 5.35% and a net margin of 1.35%.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.