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

China Yuchai International Limited (NYSE:CYD)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 changing hands.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CYD shares. Greenridge Global downgraded China Yuchai International from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 26th. StockNews.com lowered China Yuchai International from a “buy” rating to a “hold” rating in a research note on Friday, February 28th.

China Yuchai International Trading Down 1.5 %

The company has a market cap of $5.85 million, a P/E ratio of 13.38 and a beta of 0.91. The firm’s 50 day moving average price is $14.00 and its 200-day moving average price is $11.94.

Institutional Trading of China Yuchai International

A number of institutional investors have recently bought and sold shares of CYD. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of China Yuchai International by 299.5% in the 4th 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 during the period. Nomura Holdings Inc. acquired a new position in China Yuchai International in the fourth quarter valued at about $191,000. Verity Asset Management Inc. boosted its holdings in China Yuchai International by 19.5% during the fourth quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock worth $235,000 after buying an additional 4,029 shares during the last quarter. Millennium Management LLC grew its position in shares of China Yuchai International by 42.2% during the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock worth $450,000 after buying an additional 14,030 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake 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.

China Yuchai International Company Profile

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.