Yamaha Motor (OTCMKTS:YAMHF) Shares Down 6.2% – Here’s Why

Shares of Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF – Get Free Report) dropped 6.2% during trading on Wednesday. The stock traded as low as $11.30 and last traded at $11.30. 375 shares were traded during trading, a decline of 77% from the average session volume of 1,647 shares. The stock had previously closed at $12.05.

Yamaha Motor Stock Down 6.2%

The company has a market cap of $11.85 billion, a price-to-earnings ratio of 7.48 and a beta of 0.94. The stock’s 50-day moving average is $11.21 and its 200-day moving average is $8.70. The company has a current ratio of 1.56, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28.

About Yamaha Motor

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Yamaha Motor Co, Ltd. is a Japanese manufacturer of motorized products and transportation equipment. Founded in 1955 as a separate company from Nippon Gakki, now known as Yamaha Corporation, the company is headquartered in Iwata, Shizuoka, Japan.

Yamaha Motor’s product portfolio includes motorcycles, scooters, all-terrain vehicles, recreational off-road vehicles, snowmobiles, and electric mobility products. Through its marine business, the company manufactures outboard motors, personal watercraft, boats, and related marine equipment.

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