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China Yuchai International (NYSE:CYD) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened

China Yuchai International logo with Auto/Tires/Trucks background

China Yuchai International Limited (NYSE:CYD - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.40 and traded as high as $18.43. China Yuchai International shares last traded at $17.45, with a volume of 222,871 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Greenridge Global downgraded shares of China Yuchai International from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 26th. StockNews.com downgraded shares of China Yuchai International from a "buy" rating to a "hold" rating in a research report on Friday, February 28th.

Read Our Latest Stock Report on CYD

China Yuchai International Price Performance

The firm has a market capitalization of $642.68 million, a price-to-earnings ratio of 10.57 and a beta of 0.91. The firm's fifty day moving average is $16.92 and its 200 day moving average is $13.46.

Institutional Trading of China Yuchai International

Several institutional investors have recently made changes to their positions in CYD. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of China Yuchai International by 299.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company's stock worth $130,000 after purchasing an additional 10,207 shares during the period. Nomura Holdings Inc. acquired a new stake in China Yuchai International in the fourth quarter valued at approximately $191,000. Verity Asset Management Inc. lifted its stake in China Yuchai International by 19.5% in the fourth quarter. Verity Asset Management Inc. now owns 24,648 shares of the company's stock valued at $235,000 after acquiring an additional 4,029 shares during the last quarter. Trexquant Investment LP acquired a new stake in China Yuchai International in the first quarter valued at approximately $258,000. Finally, Millennium Management LLC lifted its stake in China Yuchai International by 42.2% in the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company's stock valued at $450,000 after acquiring an additional 14,030 shares during the last quarter.

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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