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

Equities researchers at StockNews.com assumed coverage on shares of China Yuchai International (NYSE:CYD) in a research note issued on Friday. The firm set a “buy” rating on the stock.

China Yuchai International Stock Performance

NYSE:CYD opened at $9.10 on Friday. China Yuchai International has a 1 year low of $7.83 and a 1 year high of $12.50. The firm has a 50 day moving average of $8.53 and a 200-day moving average of $8.53. The company has a current ratio of 1.59, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CYD. Shah Capital Management raised its stake in shares of China Yuchai International by 2.1% in the first quarter. Shah Capital Management now owns 4,192,772 shares of the company’s stock valued at $35,764,000 after acquiring an additional 84,265 shares during the last quarter. Verity Asset Management Inc. acquired a new stake in shares of China Yuchai International in the first quarter valued at approximately $175,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of China Yuchai International by 3.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 70,475 shares of the company’s stock valued at $712,000 after purchasing an additional 2,605 shares in the last quarter.

China Yuchai International Company Profile

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.