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

Key Points

• Yamaha Motor's shares gapped up from $7.37 to $7.84 prior to trading, indicating a potential positive market reaction.
• The company received a downgrade to a "neutral" rating from Goldman Sachs on August 5th, which may affect investor sentiment.
• Yamaha has a current ratio of 1.56 and a debt-to-equity ratio of 0.28, reflecting its financial health and leverage.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $7.37, but opened at $7.84. Yamaha Motor shares last traded at $7.84, with a volume of 868 shares trading hands.

Wall Street Analyst Weigh In

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

Yamaha Motor Stock Down 5.6%

The firm's 50 day moving average is $7.41 and its 200 day moving average is $7.67. The company has a current ratio of 1.56, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28.

Yamaha Motor Company Profile

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.