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

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) gapped up before the market opened on Monday . The stock had previously closed at $6.64, but opened at $7.16. Yamaha Motor shares last traded at $7.16, with a volume of 602 shares.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut 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 an average rating of “Hold”.

Yamaha Motor Stock Performance

The stock has a 50 day moving average of $7.23 and a two-hundred day moving average of $7.34. The stock has a market capitalization of $7.69 billion, a PE ratio of 4.86 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., 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.