Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate China Yuchai International Limited before investing.

In this article, we go over a few key elements for understanding China Yuchai International Limited’s stock price such as:

• China Yuchai International Limited’s current stock price and volume
• Why China Yuchai International Limited’s stock price changed recently
• Upgrades and downgrades for CYD from analysts
• CYD’s stock price momentum as measured by its relative strength

About China Yuchai International Limited (CYD)

Before we jump into China Yuchai International Limited’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

China Yuchai International Limited is a holding company. The Company operates through two segments: Guangxi Yuchai Machinery Company Limited (Yuchai) and HL Global Enterprises Limited (HLGE). The Yuchai segment primarily conducts manufacturing for on- and off-road powertrain solutions and applications which are mainly distributed in the Republic of China (PRC) market. Yuchai engages in the manufacture, assembly and sale of a wide variety of light, medium and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine, and agriculture applications. Yuchai also produces engines for diesel-powered generators. The HLGE segment is engaged in hospitality and property development activities conducted mainly in the PRC and Malaysia. The HLGE also operates Copthorne Hotel Cameron Highlands, a hotel in Cameron Highlands, Malaysia.

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China Yuchai International Limited’s Stock Price as of Market Close

As of September 18, 2024, 4:00 PM, CST, China Yuchai International Limited’s stock price was $12.79.

China Yuchai International Limited is up 4.58% from its previous closing price of $12.23.

During the last market session, China Yuchai International Limited’s stock traded between $12.15 and $12.38. Currently, there are 40.86 million shares of China Yuchai International Limited stock available for purchase.

China Yuchai International Limited’s price-earnings (P/E) ratio is currently at 10.2, which is low compared to the Auto, Truck & Motorcycle Parts industry median of 15.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

China Yuchai International Limited Stock Price History

China Yuchai International Limited’s (CYD) price is currently up 16.27% so far this month.

During the month of September, China Yuchai International Limited’s stock price has reached a high of $13.05 and a low of $11.12.

Over the last year, China Yuchai International Limited has hit prices as high as $12.38 and as low as $7.83. Year to date, China Yuchai International Limited’s stock is up 80.78%.

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What Caused China Yuchai International Limited Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 17, 2024, there were analysts who downgraded China Yuchai International Limited’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate China Yuchai International Limited’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on China Yuchai International Limited’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

China Yuchai International Limited’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about China Yuchai International Limited (CYD) by visiting AAII Stock Evaluator.

Relative Price Strength of China Yuchai International Limited

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 17, 2024, China Yuchai International Limited has a weighted four-quarter relative price strength of 6.22%, which translates to a Momentum Score of 78 and is considered to be Strong.

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China Yuchai International Limited Stock Price: Bottom Line

As of September 18, 2024, China Yuchai International Limited’s stock price is $12.79, which is up 4.58% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like China Yuchai International Limited stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.