China Yuchai International (NYSE:CYD) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of China Yuchai International Limited (NYSE:CYD) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.79 and traded as high as $20.60. China Yuchai International shares last traded at $19.64, with a volume of 299,012 shares traded.

Analyst Ratings Changes

A number of brokerages recently commented on CYD. StockNews.com lowered shares of China Yuchai International from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Greenridge Global downgraded China Yuchai International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 26th.

China Yuchai International Stock Performance

The stock has a 50-day moving average of $14.00 and a 200-day moving average of $11.94. The firm has a market cap of $5.85 million, a price-to-earnings ratio of 13.38 and a beta of 0.91.

Institutional Trading of China Yuchai International

A number of institutional investors have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. grew its position in China Yuchai International by 299.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock valued at $130,000 after purchasing an additional 10,207 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of China Yuchai International during the 4th quarter worth about $191,000. Verity Asset Management Inc. grew its holdings in shares of China Yuchai International by 19.5% in the 4th quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock valued at $235,000 after acquiring an additional 4,029 shares in the last quarter. Millennium Management LLC increased its position in shares of China Yuchai International by 42.2% in the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock valued at $450,000 after acquiring an additional 14,030 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of China Yuchai International by 2.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock valued at $1,102,000 after acquiring an additional 1,842 shares during the last 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.