China Yuchai International (NYSE:CYD) Rating Increased to Strong-Buy at Wall Street Zen

Key Points

• China Yuchai International has been upgraded to a "strong-buy" rating by both Wall Street Zen and Zacks Research, indicating positive sentiment from analysts toward the stock.
• The company's stock rose 3.4% to $41.37, with a significant trading volume of 302,464 shares, suggesting strong investor interest recently.
• China Yuchai International has a market capitalization of $1.55 billion and a low debt-to-equity ratio of 0.05, reflecting financial stability.

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

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

China Yuchai International Stock Up 3.4%

NYSE:CYD traded up $1.37 during mid-day trading on Friday, reaching $41.37. The company's stock had a trading volume of 302,464 shares, compared to its average volume of 295,242. China Yuchai International has a 1 year low of $8.61 and a 1 year high of $41.97. The company has a quick ratio of 1.20, a current ratio of 1.55 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $1.55 billion, a PE ratio of 25.54 and a beta of 1.03. The stock has a fifty day moving average of $31.37 and a 200-day moving average of $23.12.

Institutional Trading of China Yuchai International

A number of institutional investors have recently bought and sold shares of CYD. Quantbot Technologies LP bought a new position in shares of China Yuchai International in the second quarter worth about $48,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of China Yuchai International during the 2nd quarter worth about $144,000. E Fund Management Co. Ltd. acquired a new stake in China Yuchai International in the 2nd quarter valued at about $206,000. Trexquant Investment LP bought a new position in shares of China Yuchai International during the first quarter worth approximately $258,000. Finally, Bank of America Corp DE bought a new position in shares of China Yuchai International during the second quarter worth approximately $384,000.

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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