China Yuchai International (NYSE:CYD) Lowered to Buy Rating by Wall Street Zen

Key Points

• China Yuchai International was downgraded from a "strong-buy" to a "buy" rating by Wall Street Zen, reflecting a shift in analyst sentiment.
• In contrast, Zacks Research upgraded the stock from a "hold" to a "strong-buy" rating, indicating mixed views among analysts.
• The company's stock price increased by 2.8% and currently has a market capitalization of $1.46 billion.

China Yuchai International (NYSE:CYD - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

Separately, Zacks Research upgraded China Yuchai International from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

China Yuchai International Trading Up 2.8%

Shares of China Yuchai International stock opened at $38.93 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 1.20. China Yuchai International has a 1 year low of $8.61 and a 1 year high of $38.99. The company has a market capitalization of $1.46 billion, a P/E ratio of 24.03 and a beta of 1.03. The business has a 50 day moving average price of $28.21 and a 200 day moving average price of $21.76.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. E Fund Management Co. Ltd. acquired a new position in China Yuchai International in the 2nd quarter valued at $206,000. BNP Paribas Financial Markets acquired a new position in China Yuchai International in the 2nd quarter valued at $1,109,000. Bank of America Corp DE acquired a new position in China Yuchai International in the 2nd quarter valued at $384,000. Lighthouse Investment Partners LLC acquired a new position in China Yuchai International in the 2nd quarter valued at $4,307,000. Finally, Jump Financial LLC acquired a new position in China Yuchai International in the 2nd quarter valued at $891,000.

About China Yuchai International

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People's Republic of China and internationally.

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