Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Down - Should You Sell?

Key Points

• Yamaha Motor's stock price gapped down from $7.65 to $7.28 before the market opened, representing a 4.8% decline.
• Goldman Sachs has downgraded Yamaha Motor to a "neutral" rating, contributing to its current consensus rating of "Hold".
• The company has a debt-to-equity ratio of 0.28 and various liquidity ratios indicating solid financial stability.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $7.65, but opened at $7.28. Yamaha Motor shares last traded at $7.28, with a volume of 105 shares trading hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut Yamaha Motor to a "neutral" rating in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Yamaha Motor Stock Down 4.8%

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.56 and a quick ratio of 1.01. The business's 50-day simple moving average is $7.37 and its 200 day simple moving average is $7.60.

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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