Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Down - Here's Why

Key Points

• Yamaha Motor's share price fell from a previous close of $7.70 to an opening price of $7.25, marking a notable gap down prior to trading.
• Goldman Sachs downgraded Yamaha Motor shares to a "neutral" rating, contributing to the overall sentiment that the stock currently holds an average rating of "Hold".
• The company's stock has declined 5.8% recently, with its 50-day moving average at $7.43 and 200-day moving average at $7.50.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $7.70, but opened at $7.25. Yamaha Motor shares last traded at $7.25, with a volume of 100 shares.

Wall Street Analyst Weigh In

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

Yamaha Motor Stock Down 5.8%

The business's 50 day moving average is $7.43 and its 200 day moving average is $7.50. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.56 and a quick ratio of 1.01.

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.

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