China Yuchai International Limited (NYSE:CYD - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.85 and traded as high as $22.23. China Yuchai International shares last traded at $21.64, with a volume of 84,813 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Greenridge Global lowered shares of China Yuchai International from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Wall Street Zen downgraded shares of China Yuchai International from a "buy" rating to a "hold" rating in a research note on Friday, February 28th.
Check Out Our Latest Stock Report on CYD
China Yuchai International Stock Performance
The company has a market capitalization of $794.15 million, a P/E ratio of 13.07 and a beta of 0.95. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 1.20. The stock's 50 day simple moving average is $17.36 and its two-hundred day simple moving average is $15.11.
China Yuchai International Increases Dividend
The business also recently announced an annual dividend, which will be paid on Monday, July 7th. Shareholders of record on Wednesday, June 25th will be paid a $0.53 dividend. The ex-dividend date is Wednesday, June 25th. This is an increase from China Yuchai International's previous annual dividend of $0.38. This represents a dividend yield of 4.3%. China Yuchai International's payout ratio is currently 23.46%.
Hedge Funds Weigh In On China Yuchai International
Institutional investors have recently modified their holdings of the stock. Nomura Holdings Inc. bought a new position in shares of China Yuchai International in the fourth quarter worth about $191,000. Trexquant Investment LP bought a new stake in shares of China Yuchai International during the first quarter worth approximately $258,000. Goldman Sachs Group Inc. bought a new stake in shares of China Yuchai International during the first quarter worth approximately $422,000. Millennium Management LLC raised its stake in shares of China Yuchai International by 42.2% during the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company's stock worth $450,000 after buying an additional 14,030 shares during the last quarter. Finally, Hhlr Advisors LTD. bought a new stake in shares of China Yuchai International during the first quarter worth approximately $1,189,000.
China Yuchai International Company Profile
(
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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