Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Up - Should You Buy?

Key Points

• Yamaha Motor shares experienced a notable price increase, opening at $7.66 after closing at $7.06.
• Goldman Sachs has downgraded Yamaha Motor's rating to "neutral" as of Tuesday.
• The company has solid liquidity metrics, showing a current ratio of 1.56 and a debt-to-equity ratio of 0.28.

Shares of Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $7.06, but opened at $7.66. Yamaha Motor shares last traded at $7.66, with a volume of 300 shares changing 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.

Yamaha Motor Trading Up 8.5%

The company has a 50 day simple moving average of $7.40 and a 200-day simple moving average of $7.73. The company has a quick ratio of 1.01, a current ratio of 1.56 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.