China Yuchai International (NYSE:CYD) Receives New Coverage from Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of China Yuchai International (NYSE:CYD) in a research report issued on Friday. The firm set a “buy” rating on the stock.

China Yuchai International Stock Down 0.5 %

NYSE CYD opened at $8.24 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. China Yuchai International has a 12-month low of $7.58 and a 12-month high of $12.50. The company has a 50 day moving average price of $8.50 and a two-hundred day moving average price of $8.62.

Hedge Funds Weigh In On China Yuchai International

A hedge fund recently raised its stake in China Yuchai International stock. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of China Yuchai International Limited (NYSE:CYD) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 70,475 shares of the company’s stock after acquiring an additional 2,605 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in China Yuchai International were worth $712,000 as of its most recent filing with the SEC.

About China Yuchai International

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.