China Yuchai International (NYSE:CYD) Coverage Initiated at StockNews.com

Posted by Alanna Baker on Apr 26th, 2024

Analysts at StockNews.com began coverage on shares of China Yuchai International (NYSE:CYD – Get Free Report) in a research report issued on Wednesday. The brokerage set a “buy” rating on the stock.

China Yuchai International Stock Performance

Shares of NYSE CYD opened at $8.44 on Wednesday. The company has a 50-day moving average price of $8.58 and a 200-day moving average price of $8.67. China Yuchai International has a 1 year low of $7.41 and a 1 year high of $12.50.

Institutional Inflows and Outflows

An institutional investor recently raised its position in China Yuchai International stock. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of China Yuchai International Limited (NYSE:CYD – Free Report) by 3.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,475 shares of the company’s stock after purchasing 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 SEC filing.

China Yuchai International Company Profile

(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, and agriculture applications in the People's Republic of China and internationally. It operates through two segments, Yuchai and HLGE.