China Yuchai International (NYSE:CYD) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of China Yuchai International (NYSE:CYD – Get Rating) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Separately, Greenridge Global cut their target price on China Yuchai International from $23.00 to $17.00 in a research note on Friday, February 25th.

NYSE CYD opened at $9.54 on Thursday. The business has a fifty day moving average price of $10.39 and a two-hundred day moving average price of $11.82. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.01 and a current ratio of 1.42. China Yuchai International has a fifty-two week low of $8.70 and a fifty-two week high of $19.59.

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of China Yuchai International by 1,245.3% in the 1st quarter. Royal Bank of Canada now owns 3,000 shares of the company’s stock valued at $35,000 after acquiring an additional 2,777 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of China Yuchai International by 98.6% in the 4th quarter. Wells Fargo & Company MN now owns 3,822 shares of the company’s stock valued at $57,000 after acquiring an additional 1,898 shares during the last quarter. Signaturefd LLC increased its holdings in China Yuchai International by 340.7% in the fourth quarter. Signaturefd LLC now owns 5,742 shares of the company’s stock valued at $86,000 after purchasing an additional 4,439 shares during the period. Wealth Architects LLC acquired a new stake in China Yuchai International in the fourth quarter valued at $169,000. Finally, Thrivent Financial for Lutherans increased its holdings in China Yuchai International by 12.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 11,737 shares of the company’s stock valued at $175,000 after purchasing an additional 1,317 shares during the period. Institutional investors own 21.00% of the company’s stock.

China Yuchai International Company Profile (Get Rating)

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, and agriculture applications in the People's Republic of China and internationally. It operates through two segments, Yuchai and HLGE.

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