CYD Stock Forecast: All the More Reason to Consider China Yuchai International (CYD) Now

China Yuchai International (NYSE: CYD) is 109.86% higher on its value in year-to-date trading and has touched a low of $7.95 and a high of $23.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CYD stock was last observed hovering at around $18.98 in the last trading session, with the day’s gains setting it 1.02%.

Currently trading at $20.00, the stock is 62.36% and 83.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing 5.37% at the moment leaves the stock 93.65% off its SMA200. CYD registered 134.74% gain for a year compared to 6-month gain of 89.93%.

The stock witnessed a 69.64% loss in the last 1 month and extending the period to 3 months gives it a 121.73%, and is 78.41% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.47% over the week and 7.58% over the month.

China Yuchai International (CYD) has around 8177 employees, a market worth around $817.17M and $2.65B in sales. Current P/E ratio is 16.99. Profit margin for the company is 1.81%. Distance from 52-week low is 151.57% and -13.87% from its 52-week high. The company has generated returns on investments over the last 12 months (2.85%).

, but quarterly earnings will post 10.58% year-over-year.

China Yuchai International (CYD) Top Institutional Holders

The shares outstanding are 40.86M, and float is at 15.15M with Short Float at 0.09%.

The top institutional shareholder in the company is SHAH CAPITAL MANAGEMENT with over 4.22 million shares valued at $38.41 million. The investor’s holdings represent 10.3312% of the CYD Shares outstanding. As of 2024-06-30, the second largest holder is BRANDES INVESTMENT PARTNERS, LP with 1.29 million shares valued at $$11.77 million to account for 3.1659 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 0.28 million shares representing 0.6858% and valued at over $2.55 million, while ACADIAN ASSET MANAGEMENT LLC holds 0.6434 of the shares totaling 0.26 million with a market value of $2.38 million.