Yamaha (OTCMKTS:YAMCY) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Yamaha (OTCMKTS:YAMCY) to a hold rating in a research note released on Monday,Zacks.com reports.

Yamaha Stock Performance

Shares of YAMCY stock opened at $7.52 on Monday. Yamaha has a fifty-two week low of $6.33 and a fifty-two week high of $7.95. The stock’s 50-day simple moving average is $7.32 and its 200-day simple moving average is $7.03. The firm has a market capitalization of $3.36 billion and a price-to-earnings ratio of 0.06.

About Yamaha

Yamaha Motor Co, Ltd., founded in 1955 as a spin-off from Yamaha Corporation, is a Japanese manufacturer specializing in a diverse range of mobility and power products. Headquartered in Iwata, Shizuoka Prefecture, the company initially gained recognition for its 125cc two-stroke motorcycle before expanding into marine engines and general-purpose power units. Over the decades, Yamaha Motor has built a reputation for engineering innovation, high-performance design and reliable manufacturing processes.

The company’s core product portfolio encompasses motorcycles, scooters and off-road vehicles, including ATVs, side-by-sides and snowmobiles.