Weichai Power Co., Ltd. (OTCMKTS:WEICY – Get Rating)'s share price hit a new 52-week low during trading on Thursday . The company traded as low as $8.52 and last traded at $8.82, with a volume of 46955 shares traded. The stock had previously closed at $8.95.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. raised Weichai Power from an "underweight" rating to an "overweight" rating in a research note on Tuesday, May 31st.
Get Weichai Power alerts:Weichai Power Stock Performance
The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.12 and a current ratio of 1.39. The company has a 50 day moving average price of $10.85 and a 200-day moving average price of $11.53.
Weichai Power Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, November 4th. Investors of record on Friday, September 23rd will be given a dividend of $0.0858 per share. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a dividend yield of 2.57%.Weichai Power Company Profile
(Get Rating)
Weichai Power Co, Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. It operates through Engines, Automobiles and Automobile Components, and Intelligent Logistics segments. The company provides design, development, production, sale, repair, and import and export of engines and auxiliary products, automobile axles and components, and gearboxes and components; hydraulic pumps and motors; hydraulic valves; gears and gear transmission devices; ancillary casting and casting products of hydraulic components; internal combustion engines, energy powertrain systems and ancillary products; technical consultation and technical services; leasing of self-owned houses; steel; business management services; forklift trucks; and warehousing technology and supply chain solution services.
Featured Stories
- Get a free copy of the StockNews.com research report on Weichai Power (WEICY)
- What Steelcase's Earnings Say About the Return to the Office?
- The Institutions Hold On To Darden Restaurants International
- These 3 Big Dividend Payers Also Boast Strong Price Growth
- Is The Golden Age Of Homebuilding Already Over?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
Receive News & Ratings for Weichai Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weichai Power and related companies with MarketBeat.com's FREE daily email newsletter.