StockNews.com Begins Coverage on China Yuchai International (NYSE:CYD)

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

China Yuchai International Price Performance

CYD stock opened at $8.44 on Wednesday. The stock has a 50-day moving average price of $8.58 and a two-hundred day moving average price of $8.67. China Yuchai International has a 12-month low of $7.41 and a 12-month high of $12.50.

Institutional Inflows and Outflows

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 its most recent Form 13F filing with the Securities & 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 SEC filing.

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.