China Yuchai International (NYSE:CYD) Earns Buy Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of China Yuchai International (NYSE:CYD) in a research note issued to investors on Thursday morning. The firm issued a buy rating on the stock.

China Yuchai International Stock Up 0.7 %

Shares of NYSE CYD opened at $8.31 on Thursday. China Yuchai International has a 1-year low of $7.45 and a 1-year high of $12.50. The company has a 50-day moving average of $8.53 and a two-hundred day moving average of $8.62.

Institutional Investors Weigh In On China Yuchai International

An institutional investor recently raised its position in China Yuchai International stock. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of China Yuchai International Limited (NYSE:CYD) by 3.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,475 shares of the company’s stock after purchasing an additional 2,605 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in China Yuchai International were worth $712,000 as of its most recent filing with the Securities and Exchange Commission.

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.