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.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report)'s share price reached a new 52-week low 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.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Yamaha Motor to a "neutral" rating in a research report on Tuesday, August 5th.

Yamaha Motor Stock Performance

The firm's 50 day moving average price is $7.40 and its 200-day moving average price is $7.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.56.

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.