China Yuchai International (NYSE:CYD) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

China Yuchai International Limited (NYSE:CYD)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.55 and traded as high as $12.05. China Yuchai International shares last traded at $12.02, with a volume of 20,725 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com cut 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 Stock Up 1.9 %

The stock’s fifty day simple moving average is $9.81 and its 200-day simple moving average is $10.57.

Institutional Trading of China Yuchai International

A number of large investors have recently added to or reduced their stakes in CYD. Shah Capital Management raised its position in China Yuchai International by 3.0% during the 4th quarter. Shah Capital Management now owns 4,345,471 shares of the company’s stock valued at $41,412,000 after purchasing an additional 128,509 shares during the last quarter. Brandes Investment Partners LP boosted its position in shares of China Yuchai International by 4.2% in the second quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock worth $11,771,000 after purchasing an additional 51,953 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew 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 worth $1,102,000 after buying an additional 1,842 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of 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 acquiring an additional 10,207 shares in 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.