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

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

China Yuchai International Price Performance

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

Institutional Trading of China Yuchai International

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

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.