Alert: Major Price Advance (8/12/24)-China Yuchai International Ltd (NYSE: CYD).

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China Yuchai International Ltd (NYSE: CYD) stock enjoyed a major increase of 14.1% on 8/12/24. The shares closed at $10.69. Moreover, this advance was accompanied by exceptionally high trading volume at 1542% of normal. The stock has performed in line with the market over the last nine months and has risen 15.5% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, CYD is expected to continue to be Value Creation neutral.

China Yuchai has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. China Yuchai has a neutral Power Rating of 54 but a very high Appreciation Score of 92, and the Highest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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