Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Down - What's Next?

Key Points

• Yamaha Motor shares gapped down before trading opened on Monday, with the stock price falling from $7.84 to $7.40.
• The Goldman Sachs Group has downgraded Yamaha Motor to a "neutral" rating, indicating a shift in analyst sentiment.
• Financial ratios for Yamaha indicate a quick ratio of 1.01 and a debt-to-equity ratio of 0.28, suggesting moderate liquidity and low leverage.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $7.84, but opened at $7.40. Yamaha Motor shares last traded at $7.40, with a volume of 1,364 shares trading hands.

Analysts Set New Price Targets

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

Yamaha Motor Stock Performance

The company has a quick ratio of 1.01, a current ratio of 1.56 and a debt-to-equity ratio of 0.28. The stock's 50 day simple moving average is $7.39 and its two-hundred day simple moving average is $7.65.

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.