Yamaha Motor (OTCMKTS:YAMHF) Stock Price Crosses Above 50 Day Moving Average - Here's What Happened

Key Points

• Yamaha Motor's share price has recently surpassed its fifty-day moving average of $7.37, reaching a high of $7.70 during trading.
• The Goldman Sachs Group has downgraded Yamaha Motor shares to a "neutral" rating, contributing to an overall average rating of "Hold" for the stock.
• The company's current financial metrics include a current ratio of 1.56, a quick ratio of 1.01, and a debt-to-equity ratio of 0.28.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.37 and traded as high as $7.70. Yamaha Motor shares last traded at $7.33, with a volume of 804 shares.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded shares of Yamaha Motor to a "neutral" rating in a research report on Tuesday, August 5th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Yamaha Motor has an average rating of "Hold".

Yamaha Motor Stock Performance

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 stock's 50-day moving average price is $7.36 and its 200 day moving average price is $7.60.

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.