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)'s share price gapped up prior to trading 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 traded.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered shares of Yamaha Motor to a "neutral" rating in a report on Tuesday, August 5th.

Yamaha Motor Stock Up 6.4%

The company has a current ratio of 1.56, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28. The company's fifty day simple moving average is $7.39 and its two-hundred day simple moving average is $7.69.

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.

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