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 released on Thursday. The brokerage issued a buy rating on the stock.

China Yuchai International Stock Performance

Shares of China Yuchai International stock opened at $8.31 on Thursday. The company’s 50 day moving average price is $8.53 and its two-hundred day moving average price is $8.62. China Yuchai International has a fifty-two week low of $7.45 and a fifty-two week high of $12.50.

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 holdings in China Yuchai International Limited (NYSE:CYD) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 filing with the Securities and Exchange Commission.

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.