China Yuchai International (NYSE:CYD) Upgraded to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of China Yuchai International (NYSE:CYD) from a buy rating to a strong-buy rating in a research note published on Sunday.

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

China Yuchai International Stock Performance

Shares of NYSE CYD opened at $36.39 on Friday. China Yuchai International has a 52 week low of $8.61 and a 52 week high of $42.60. The business has a 50-day simple moving average of $38.07 and a two-hundred day simple moving average of $28.42.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CYD. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of China Yuchai International in the third quarter worth approximately $28,000. Global Retirement Partners LLC bought a new position in shares of China Yuchai International in the 3rd quarter worth approximately $42,000. China Universal Asset Management Co. Ltd. bought a new position in China Yuchai International in the third quarter worth approximately $83,000. Quantbot Technologies LP purchased a new stake in China Yuchai International in the second quarter worth about $48,000. Finally, Quadrant Capital Group LLC purchased a new position in shares of China Yuchai International during the 3rd quarter valued at about $178,000.

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.