China Yuchai International’s (CYD) 12.92% Gain Is A Reason To Reconsider.

CTK Stock

China Yuchai International (NYSE:CYD) price on current trading day, rose 12.92% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.06.

A look at the stock’s price movement, the level at last check in today’s session was $9.79, moving within a range at $10.27 and $12.9. The beta value (5-Year monthly) was 1.024 while the PE ratio in trailing twelve months stood at 9.39. Turning to its 52-week performance, $13.05 and $7.95 were the 52-week high and 52-week low respectively. Overall, CYD moved 17.86% over the past month.

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China Yuchai International’s market cap currently stands at around $451.69 million, with investors looking forward to this quarter’s earnings report slated for in January. The company has a Forward Dividend ratio of 0.38, with its dividend yield at 3.44%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.8B, representing a 11.76% jump on that reported in the last financial year.

Turning to the stock’s technical picture we see that short term indicators suggest on average that CYD is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

The technical evaluation for the stock shows the PEG ratio is 0.65, with CYD’s current price about 19.27% and 9.44% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 71.23, while 7-day volatility ratio is 8.76% and 5.24% in the 30-day chart. Further, China Yuchai International (CYD) has a beta value of 0.96, and an average true range (ATR) of 0.72.

If we refocus on China Yuchai International (NYSE:CYD), historical trading data shows that trading volumes averaged 52130.0 over the past 10 days and 21.92K over the past 3 months. The company’s latest data on shares outstanding shows there are 40.86 million shares.

The 62.92% of China Yuchai International’s shares are in the hands of company insiders while institutional holders own 12.75% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9231.0 on 2024-11-29, giving us a short ratio of 0.51. The data shows that as of 2024-11-29 short interest in China Yuchai International (CYD) stood at 11.999999 of shares outstanding, with shares short rising to 2574.0 registered in 2024-10-31. Current price change has pushed the stock 31.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CYD stock continues to rise going into the next quarter.

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