StockNews.com started coverage on shares of China Yuchai International (NYSE:CYD – Free Report) in a report issued on Thursday. The brokerage issued a buy rating on the stock.
China Yuchai International Stock Performance
NYSE CYD opened at $8.31 on Thursday. China Yuchai International has a fifty-two week low of $7.45 and a fifty-two week high of $12.50. The business has a fifty day moving average price of $8.53 and a two-hundred day moving average price of $8.62.
Hedge Funds Weigh In On 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 shares of China Yuchai International Limited (NYSE:CYD – Free Report) by 3.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent reporting period.
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.
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