China Yuchai International (NYSE:CYD) Shares Cross Above 200-Day Moving Average – Should You Sell?

Shares of China Yuchai International Limited (NYSE:CYD) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.36 and traded as high as $11.98. China Yuchai International shares last traded at $11.07, with a volume of 131,123 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut China Yuchai International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 12th.

China Yuchai International Price Performance

The firm has a market capitalization of $2.99 million, a price-to-earnings ratio of 8.58 and a beta of 1.02. The business’s 50-day moving average price is $10.00 and its 200 day moving average price is $10.36.

Institutional Trading of China Yuchai International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in China Yuchai International during the third quarter valued at approximately $43,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of China Yuchai International by 2.2% in the 3rd 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. Brandes Investment Partners LP raised its position in shares of China Yuchai International by 4.2% during the 2nd quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock valued at $11,771,000 after acquiring an additional 51,953 shares in the last quarter. Finally, Shah Capital Management lifted its stake in China Yuchai International by 0.7% during the second quarter. Shah Capital Management now owns 4,221,152 shares of the company’s stock worth $38,412,000 after purchasing an additional 28,380 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.