Weichai Power (OTCMKTS:WEICY) Reaches New 12-Month Low at $9.25

Weichai Power Co., Ltd. (OTCMKTS:WEICYGet Rating)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $9.25 and last traded at $9.35, with a volume of 40776 shares. The stock had previously closed at $9.90.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upgraded shares of Weichai Power from an “underweight” rating to an “overweight” rating in a research report on Tuesday, May 31st.

Weichai Power Stock Performance

The company’s 50-day moving average is $11.04 and its two-hundred day moving average is $11.60. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.39 and a quick ratio of 1.12.

Weichai Power Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 4th. Investors of record on Friday, September 23rd will be given a $0.0858 dividend. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a yield of 2.57%.

About Weichai Power

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Weichai Power Co, Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. It operates through Engines, Automobiles and Automobile Components, and Intelligent Logistics segments. The company provides design, development, production, sale, repair, and import and export of engines and auxiliary products, automobile axles and components, and gearboxes and components; hydraulic pumps and motors; hydraulic valves; gears and gear transmission devices; ancillary casting and casting products of hydraulic components; internal combustion engines, energy powertrain systems and ancillary products; technical consultation and technical services; leasing of self-owned houses; steel; business management services; forklift trucks; and warehousing technology and supply chain solution services.

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