Shares of China Yuchai International Limited (NYSE:CYD - Get Free Report) fell 5.1% during trading on Thursday . The company traded as low as $36.97 and last traded at $37.39. 61,015 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 277,069 shares. The stock had previously closed at $39.39.
Wall Street Analyst Weigh In
A number of research firms have recently commented on CYD. Wall Street Zen raised shares of China Yuchai International from a "buy" rating to a "strong-buy" rating in a report on Friday, September 26th. Zacks Research raised shares of China Yuchai International from a "hold" rating to a "strong-buy" rating in a report on Friday, August 15th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of China Yuchai International in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy".
Get Our Latest Analysis on China Yuchai International
China Yuchai International Stock Performance
The business's fifty day moving average is $34.32 and its 200-day moving average is $24.29. The firm has a market cap of $1.41 billion, a P/E ratio of 23.28 and a beta of 1.12.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Ariose Capital Management Ltd acquired a new stake in China Yuchai International in the 1st quarter valued at $3,383,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in China Yuchai International in the 2nd quarter valued at $4,759,000. Pinpoint Asset Management Ltd acquired a new stake in China Yuchai International in the 1st quarter valued at $3,382,000. Lighthouse Investment Partners LLC acquired a new stake in China Yuchai International in the 2nd quarter valued at $4,307,000. Finally, Jane Street Group LLC acquired a new stake in China Yuchai International in the 1st quarter valued at $1,409,000.
China Yuchai International Company Profile
(
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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.
See Also
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