StockNews.com Begins Coverage on China Yuchai International (NYSE:CYD)

StockNews.com assumed coverage on shares of China Yuchai International (NYSE:CYD) in a report published on Wednesday. The firm issued a buy rating on the stock.

China Yuchai International Trading Down 1.1 %

Shares of NYSE CYD opened at $8.35 on Wednesday. China Yuchai International has a 12-month low of $7.45 and a 12-month high of $12.50. The stock has a fifty day moving average price of $8.57 and a 200 day moving average price of $8.66.

Institutional Trading of China Yuchai International

A hedge fund recently raised its stake in China Yuchai International stock. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of China Yuchai International Limited (NYSE:CYD) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 70,475 shares of the company’s stock after acquiring 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 SEC filing.

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