China Yuchai International Limited (NYSE:CYD - Get Free Report)'s stock price dropped 3.8% on Friday . The company traded as low as $17.99 and last traded at $17.98. Approximately 34,873 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 146,742 shares. The stock had previously closed at $18.69.
Wall Street Analyst Weigh In
CYD has been the subject of a number of analyst reports. Greenridge Global cut 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 cut shares of China Yuchai International from a "buy" rating to a "hold" rating in a research report on Friday, February 28th.
Check Out Our Latest Report on China Yuchai International
China Yuchai International Trading Up 6.6%
The business's 50-day simple moving average is $16.14 and its two-hundred day simple moving average is $14.35. The company has a market capitalization of $717.19 million, a PE ratio of 11.80 and a beta of 0.95.
Institutional Investors Weigh In On China Yuchai International
A number of institutional investors have recently modified their holdings of the stock. Ariose Capital Management Ltd acquired a new stake in shares of China Yuchai International in the 1st quarter valued at about $3,383,000. Pinpoint Asset Management Ltd acquired a new stake in shares of China Yuchai International in the 1st quarter valued at about $3,382,000. Jane Street Group LLC acquired a new stake in shares of China Yuchai International in the 1st quarter valued at about $1,409,000. Hhlr Advisors LTD. acquired a new stake in shares of China Yuchai International in the 1st quarter valued at about $1,189,000. Finally, Millennium Management LLC raised its stake in shares of China Yuchai International by 42.2% in the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company's stock valued at $450,000 after purchasing an additional 14,030 shares in 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.
Further Reading
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