Yamaha Motor (OTCMKTS:YAMHF) Stock Crosses Above 50-Day Moving Average – Here’s Why

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF – Get Free Report)’s share price passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $11.32 and traded as high as $11.61. Yamaha Motor shares last traded at $11.61, with a volume of 600 shares changing hands.

Yamaha Motor Stock Up 20.9%

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 company has a market capitalization of $12.17 billion, a price-to-earnings ratio of 7.69 and a beta of 0.94. The firm’s 50-day simple moving average is $11.32 and its 200-day simple moving average is $8.79.

About Yamaha Motor

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Yamaha Motor Co., Ltd. is a Japanese manufacturer of mobility and recreational products, founded in 1955 as a separate company from Yamaha Corporation. Its first product was the YA-1 motorcycle, and motorcycles remain a core part of its business. The company also makes marine products, including outboard motors, boats and personal watercraft, as well as off-road vehicles, electric-assist bicycles, engines and industrial robots. Its business also includes financial services related to its products.

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