NYSE:CYDMachinery
Is China Yuchai International (CYD) Still Attractive After A 176% One-Year Share Price Surge?
If you are wondering whether China Yuchai International at around US$41.21 still offers value or if most of the opportunity is already priced in, the starting point is to understand what the recent share price action really reflects.
The stock has returned 7.0% over the past 30 days, 11.3% year to date and 175.6% over the last year, while the very large 3 year return and 222.6% 5 year return suggest long term holders have experienced a strong ride through different market conditions.
Recent...