Yamaha Motor (OTCMKTS:YAMHF) Reaches New 12-Month Low - Should You Sell?

Key Points

• Yamaha Motor shares reached a new 12-month low of $6.69 during trading, down from a previous close of $7.66.
• Goldman Sachs has downgraded Yamaha Motor's rating to "neutral", signaling a cautious outlook on the company's performance.
• The company has a debt-to-equity ratio of 0.28, indicating a relatively low level of debt compared to equity.

Shares of Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.69 and last traded at $6.69, with a volume of 300 shares. The stock had previously closed at $7.66.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut Yamaha Motor to a "neutral" rating in a research report on Tuesday.

Yamaha Motor Trading Down 7.8%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.56. The firm has a 50 day simple moving average of $7.41 and a two-hundred day simple moving average of $7.73.

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.

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