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.

Shares of Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) gapped down prior to trading 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 changing hands.

Analysts Set New Price Targets

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

Yamaha Motor Stock Performance

The business has a 50 day moving average of $7.37 and a 200-day moving average of $7.57. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.56.

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.