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

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) shares gapped down before the market opened on Thursday . The stock had previously closed at $7.54, but opened at $6.70. Yamaha Motor shares last traded at $6.70, with a volume of 300 shares traded.

Yamaha Motor Price Performance

The company has a fifty day moving average price of $7.47 and a 200 day moving average price of $7.37. The company has a market capitalization of $7.92 billion, a P/E ratio of 5.00 and a beta of 0.94. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.56 and a quick ratio of 1.01.

Yamaha Motor Company Profile

Yamaha Motor Co, Ltd., traded over the counter in the U.S. under the symbol YAMHF, is a Japan‐based manufacturer of a broad range of motorized products. Founded in 1955 as an offshoot of Yamaha Corporation, the company is headquartered in Iwata, Shizuoka Prefecture. Its portfolio encompasses two‐ and four‐wheeled vehicles such as motorcycles, scooters, all‐terrain vehicles, side‐by‐sides and utility vehicles, as well as marine products including outboard motors, personal watercraft and small boats.

Beyond on‐road and off‐road vehicles, Yamaha Motor designs and produces power products, including portable generators, multipurpose engines, pumps and residential energy systems.