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

China Yuchai International Limited (NYSE:CYD)’s stock price 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 changing hands.

Analyst Upgrades and Downgrades

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

China Yuchai International Trading Down 3.0 %

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 has a 50-day moving average price of $10.00 and a two-hundred day moving average price of $10.36.

Hedge Funds Weigh In On China Yuchai International

Several hedge funds and other institutional investors have recently modified their holdings of CYD. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of China Yuchai International during the third quarter valued at approximately $43,000. Connor Clark & Lunn Investment Management Ltd. increased its position in 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 period. Brandes Investment Partners LP raised its stake in 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 boosted its position in China Yuchai International by 0.7% during the 2nd quarter. Shah Capital Management now owns 4,221,152 shares of the company’s stock worth $38,412,000 after acquiring an additional 28,380 shares during the period.

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.