China Yuchai International (NYSE:CYD - Get Free Report)'s stock had its "hold (c)" rating restated by analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.
CYD has been the subject of a number of other reports. Zacks Research upgraded shares of China Yuchai International from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 15th. Wall Street Zen raised shares of China Yuchai International from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy".
Read Our Latest Stock Analysis on China Yuchai International
China Yuchai International Trading Up 0.0%
CYD stock traded up $0.01 during trading on Wednesday, reaching $39.42. 171,434 shares of the stock were exchanged, compared to its average volume of 294,336. China Yuchai International has a twelve month low of $8.61 and a twelve month high of $42.60. The firm has a market cap of $1.48 billion, a P/E ratio of 24.33 and a beta of 1.12. The firm's 50 day moving average is $34.02 and its 200 day moving average is $24.16.
Institutional Investors Weigh In On China Yuchai International
Institutional investors and hedge funds have recently modified their holdings of the stock. Ariose Capital Management Ltd acquired a new position in China Yuchai International in the 1st quarter valued at approximately $3,383,000. Pinpoint Asset Management Ltd acquired a new stake in shares of China Yuchai International in the first quarter valued at about $3,382,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in China Yuchai International in the second quarter worth approximately $4,759,000. Lighthouse Investment Partners LLC bought a new stake in China Yuchai International during the second quarter worth $4,307,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in China Yuchai International by 70.3% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 135,881 shares of the company's stock worth $3,249,000 after buying an additional 56,085 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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