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

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $7.70, but opened at $7.39. Yamaha Motor shares last traded at $7.39, with a volume of 620 shares changing hands.

Analysts Set New Price Targets

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

Yamaha Motor Stock Down 4.1%

The company has a quick ratio of 1.01, a current ratio of 1.56 and a debt-to-equity ratio of 0.28. The business has a fifty day moving average of $7.41 and a two-hundred day moving average of $7.52.

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.