China Yuchai International Limited (NYSE:CYD - Get Free Report) rose 13.9% during mid-day trading on Friday . The stock traded as high as $28.57 and last traded at $29.29. Approximately 161,312 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 273,540 shares. The stock had previously closed at $25.71.
China Yuchai International Stock Performance
The company has a current ratio of 1.55, a quick ratio of 1.20 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average of $22.79 and a 200-day moving average of $18.64. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 16.92 and a beta of 1.07.
China Yuchai International Increases Dividend
The company also recently announced an annual dividend, which was paid on Monday, July 7th. Investors of record on Wednesday, June 25th were given a $0.53 dividend. This represents a dividend yield of 430.0%. The ex-dividend date of this dividend was Wednesday, June 25th. This is a positive change from China Yuchai International's previous annual dividend of $0.38. China Yuchai International's payout ratio is currently 32.72%.
Hedge Funds Weigh In On China Yuchai International
Hedge funds have recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of China Yuchai International in the 2nd quarter valued at $144,000. Trexquant Investment LP acquired a new position in shares of China Yuchai International in the 1st quarter valued at $258,000. Public Employees Retirement System of Ohio boosted its holdings in China Yuchai International by 136.0% in the second quarter. Public Employees Retirement System of Ohio now owns 16,609 shares of the company's stock valued at $397,000 after purchasing an additional 9,572 shares during the last quarter. Nomura Holdings Inc. purchased a new stake in China Yuchai International in the fourth quarter valued at $191,000. Finally, Goldman Sachs Group Inc. purchased a new stake in China Yuchai International in the first quarter valued at $422,000.
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.
Featured Articles
Before you consider China Yuchai International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Yuchai International wasn't on the list.
While China Yuchai International currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
