China Yuchai International (NYSE:CYD) price on Friday, February 28, fall -11.07% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.12.
A look at the stock’s price movement, the close in the last trading session was $21.50. The PE ratio in trailing twelve months stood at 17.25. Turning to its 52-week performance, $26.10 and $7.95 were the 52-week high and 52-week low respectively. Overall, CYD moved 73.03% over the past month.
China Yuchai International’s market cap currently stands at around $781.21 million, with investors looking forward to this quarter’s earnings report slated for in April. The company has a Forward Dividend ratio of 0.38, with its dividend yield at 1.99%. 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 20.16B, representing a 5.37% 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 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
CYD’s current price about 27.92% and 57.12% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.99, while 7-day volatility ratio is 22.13% and 11.82% in the 30-day chart. Further, China Yuchai International (CYD) has a beta value of 0.72, and an average true range (ATR) of 2.45.
If we refocus on China Yuchai International (NYSE:CYD), historical trading data shows that trading volumes averaged 224.29K 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 13.07% of the company’s shares. Current price change has pushed the stock 100.63% 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.
