Stock News Update: China Yuchai International Limited (NYSE:CYD)

China Yuchai International Limited (NYSE:CYD) spotted trading -49.16% off 52-week high price. On the other end, the stock has been noted 21.11% away from the low price over the last 52-weeks. The stock changed -3.59% to recent value of $9.41. The stock transacted 53966 shares during most recent day however it has an average volume of 53.10K shares. The company has 41.76M of outstanding shares and 16.68M shares were floated in the market.

On April 3, 2020, China Yuchai International Limited (NYSE:CYD) revealed that a cash dividend of US$0.85 per ordinary share for the year ended December 31, 2019 has been declared by its Board of Directors. The cash dividend will be paid on July 31, 2020 to shareholders of record as of the close of business on July 16, 2020.

About China Yuchai International

China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), 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 in China. GYMCL also produces diesel power generators. The engines produced by GYMCL range from diesel to natural gas and hybrid engines. Through its regional sales offices and authorized customer service centers, the Company distributes its engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2019, GYMCL sold 375,731 engines and is recognized as a leading manufacturer and distributor of engines in China.

Its earnings per share (EPS) expected to touch remained -22.00% for this year while earning per share for the next 5-years is expected to reach at 10.00%. CYD has a gross margin of 17.00% and an operating margin of 6.90% while its profit margin remained 3.50% for the last 12 months.

The price moved ahead of -2.01% from the mean of 20 days, -18.04% from mean of 50 days SMA and performed -28.27% from mean of 200 days price. Company’s performance for the week was 3.98%, -21.52% for month and YTD performance remained -29.41%.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

Address: 7302 Benton Street, Arvada, CO 80003, USA

Email: John@shopordered.com

Zip Code: 80003

Phone Number: 303-420-7222

Leave a Reply

Your email address will not be published. Required fields are marked *