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

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

China Yuchai International Stock Performance

CYD stock opened at $9.21 on Wednesday. China Yuchai International has a fifty-two week low of $7.83 and a fifty-two week high of $12.50. The company has a current ratio of 1.59, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. The business’s fifty day moving average price is $9.07 and its two-hundred day moving average price is $8.72.

Institutional Trading of China Yuchai International

An institutional investor recently bought a new position in China Yuchai International stock. Verity Asset Management Inc. bought a new position in shares of China Yuchai International Limited (NYSE:CYD) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,522 shares of the company’s stock, valued at approximately $175,000. Verity Asset Management Inc. owned 7.60% of China Yuchai International 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, construction, agriculture, and generator set applications in the People's Republic of China and internationally.