Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Down – Here’s What Happened

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) shares gapped down prior to trading on Thursday . The stock had previously closed at $7.2750, but opened at $6.99. Yamaha Motor shares last traded at $6.99, with a volume of 130 shares.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered shares of Yamaha Motor to a “neutral” rating in a research report on Tuesday, August 5th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Yamaha Motor Trading Down 0.1%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.56. The stock has a market capitalization of $7.33 billion, a PE ratio of 4.63 and a beta of 0.94. The stock has a 50-day moving average price of $7.35 and a two-hundred day moving average price of $7.41.

About Yamaha Motor

Yamaha Motor Co, Ltd., together with its subsidiaries, engages in the land mobility, marine products, robotics, and financial services businesses in Japan, North America, Europe, Asia, and internationally. Its Land Mobility segment offers motorcycles, leaning multi-wheelers, all-terrain vehicles, recreational off highway vehicles, snowmobiles, electrically power-assisted bicycles, electric wheelchairs, automobile engines, and automobile components, as well as intermediate parts for products, and knockdown parts.