Yamaha (OTCMKTS:YAMCY) Shares Gap Down – Time to Sell?

Yamaha Co. (OTCMKTS:YAMCYGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $7.10, but opened at $6.60. Yamaha shares last traded at $6.60, with a volume of 180 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Yamaha to a “hold” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Get Our Latest Analysis on Yamaha

Yamaha Stock Down 8.2%

The firm’s fifty day moving average is $7.22 and its 200-day moving average is $7.17. The stock has a market capitalization of $3.06 billion and a PE ratio of 0.06.

About Yamaha

(Get Free Report)

Yamaha Motor Co, Ltd., founded in 1955 as a spin-off from Yamaha Corporation, is a Japanese manufacturer specializing in a diverse range of mobility and power products. Headquartered in Iwata, Shizuoka Prefecture, the company initially gained recognition for its 125cc two-stroke motorcycle before expanding into marine engines and general-purpose power units. Over the decades, Yamaha Motor has built a reputation for engineering innovation, high-performance design and reliable manufacturing processes.

The company’s core product portfolio encompasses motorcycles, scooters and off-road vehicles, including ATVs, side-by-sides and snowmobiles.

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