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

Key Points

• Yamaha Motor Co. shares experienced a significant drop, opening at $7.09 after closing at $7.70 the previous day, reflecting a decline of 7.9%.
• Goldman Sachs downgraded Yamaha Motor's rating to "neutral," indicating a cautious outlook from Wall Street analysts, with the stock currently holding an average rating of "Hold."
• The company operates in various sectors including land mobility, marine products, robotics, and financial services, with a presence in multiple international markets.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $7.70, but opened at $7.09. Yamaha Motor shares last traded at $7.09, with a volume of 1,870 shares trading hands.

Wall Street Analysts Forecast Growth

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

Yamaha Motor Stock Down 7.9%

The stock's fifty day moving average price is $7.43 and its 200-day moving average price is $7.47. The company has a current ratio of 1.56, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28.

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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