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

StockNews.com assumed coverage on shares of China Yuchai International (NYSE:CYDGet Rating) in a report issued on Tuesday. The firm set a “hold” rating on the stock.

China Yuchai International Stock Performance

Shares of NYSE CYD opened at $7.88 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.42 and a debt-to-equity ratio of 0.01. The firm’s 50-day moving average price is $8.53 and its 200-day moving average price is $9.85. China Yuchai International has a 52-week low of $7.81 and a 52-week high of $15.35.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC purchased a new position in China Yuchai International during the 2nd quarter worth $119,000. Credit Suisse AG purchased a new stake in shares of China Yuchai International during the 2nd quarter valued at $45,000. Arnhold LLC grew its stake in shares of China Yuchai International by 3.1% during the second quarter. Arnhold LLC now owns 245,767 shares of the company’s stock worth $2,168,000 after acquiring an additional 7,402 shares during the last quarter. Shah Capital Management increased its stake in China Yuchai International by 7.5% during the 2nd quarter. Shah Capital Management now owns 3,805,383 shares of the company’s stock valued at $33,563,000 after purchasing an additional 264,590 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in 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 worth $35,000 after acquiring an additional 2,777 shares during the last quarter. Hedge funds and other institutional investors own 19.69% 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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