The company is up since yesterday’s close of $19.46. Shares last traded at $20.93 barely above $17.68, the 50 day moving average and a tad higher than the 200 day moving average of $16.37. The 50 day moving average was up by +17.72% and the 200 day average went up $4.44 or +27.15%.
China Yuchai International Limited, launched on April 29, 1993, is a holding company. The Company holds interest in Guangxi Yuchai Machinery Company Limited (Yuchai), which manufactures, assembles and sells diesel engines in the People’s Republic of China (the PRC). In addition, the Company holds interest in HL Global Enterprises Limited (HLGE) and Thakral Corporation Ltd (TCL). The Company operates through two segments: Yuchai and HLGE. The TCL group invests in real estate and other investment opportunities, which include property-backed financial instruments and in direct property. TCL is involved in the distribution of lifestyle products, including beauty and health, and enviro-care products in China (including Hong Kong), Southeast Asia and India..
These firms have also modified their investment in CYD. Tower Research Capital LLC (trc) cut its position by selling 1,023 shares a decrease of 89.6% in the quarter. Tower Research Capital LLC (trc) now holds 119 shares worth $2,000. The value of the position overall is down by 87.5%. As of the end of the quarter Schroder Investment Management Group had bought a total of 17,800 shares growing its stake by 287.1%. The value of the company’s investment in China Yuchai International Limi went from $86,000 to $438,000 a change of 409.3% quarter to quarter.
As of quarter end Ajo, Lp had acquired 37,227 shares growing its holdings by 27.1%. The value of the investment in CYD increased from $1,899,000 to $3,235,000 a change of $1,336,000 quarter over quarter. Sensato Investors LLC grew its stake by buying 64,889 shares an increase of 142.0% from 12/31/2016 to 03/31/2017. Sensato Investors LLC currently owns 110,584 shares worth $2,047,000. The total value of its holdings increased 224.4%.
The company also recently announced a dividend that will be paid on Thursday July 13th, 2017. The dividend will be $0.225 per share for the quarter or $0.90 annualized. This dividend amount will represent a yeild of $4.53. The ex-dividend date will be on Monday the 5th of June 2017.
China Yuchai International Limi currently has a P/E ratio of 8.44 and the market value is 847.22M.