China Yuchai International (NYSE:CYD) Stock Rating Lowered by Wall Street Zen

China Yuchai International (NYSE:CYD) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

Several other research analysts also recently commented on the company. Zacks Research downgraded China Yuchai International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Weiss Ratings reissued a “hold (c)” rating on shares of China Yuchai International in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, China Yuchai International has a consensus rating of “Hold”.

China Yuchai International Trading Up 3.1%

Shares of NYSE:CYD opened at $39.81 on Friday. China Yuchai International has a 52 week low of $8.61 and a 52 week high of $42.60. The firm’s fifty day moving average is $37.62 and its 200-day moving average is $27.63.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of China Yuchai International in the 2nd quarter valued at about $4,759,000. Pinpoint Asset Management Ltd bought a new stake in China Yuchai International in the first quarter worth approximately $3,382,000. Lighthouse Investment Partners LLC acquired a new position in China Yuchai International in the second quarter valued at approximately $4,307,000. Jane Street Group LLC acquired a new position in China Yuchai International in the first quarter valued at approximately $1,409,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of China Yuchai International during the 3rd quarter worth approximately $3,170,000.

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.