Shares of China Yuchai International Limited (NYSE:CYD - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $21.35 and traded as high as $35.20. China Yuchai International shares last traded at $33.30, with a volume of 242,180 shares trading hands.
Analyst Ratings Changes
A number of analysts have commented on CYD shares. Zacks Research upgraded shares of China Yuchai International from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 15th. Wall Street Zen upgraded shares of China Yuchai International from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy".
Read Our Latest Stock Report on CYD
China Yuchai International Stock Performance
The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.20 and a current ratio of 1.55. The stock has a market cap of $1.25 billion, a P/E ratio of 20.55 and a beta of 1.03. The company's 50 day moving average price is $27.14 and its 200-day moving average price is $21.35.
China Yuchai International Increases Dividend
The company also recently announced an annual dividend, which was paid on Monday, July 7th. Stockholders of record on Wednesday, June 25th were paid a $0.53 dividend. This represents a dividend yield of 430.0%. The ex-dividend date was Wednesday, June 25th. This is a positive change from China Yuchai International's previous annual dividend of $0.38. China Yuchai International's dividend payout ratio (DPR) is currently 32.72%.
Hedge Funds Weigh In On China Yuchai International
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quantbot Technologies LP purchased a new position in shares of China Yuchai International in the 2nd quarter worth about $48,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of China Yuchai International in the 2nd quarter worth about $144,000. E Fund Management Co. Ltd. purchased a new position in shares of China Yuchai International in the 2nd quarter worth about $206,000. Trexquant Investment LP purchased a new position in shares of China Yuchai International in the 1st quarter worth about $258,000. Finally, Bank of America Corp DE purchased a new position in shares of China Yuchai International in the 2nd quarter worth about $384,000.
About China Yuchai International
(
Get Free Report)
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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