Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Up - Time to Buy?

Key Points

• Yamaha Motor shares rose from $7.44 to $7.70 prior to trading, with a volume of 500 shares traded.
• Goldman Sachs downgraded Yamaha Motor to a "neutral" rating, maintaining an average rating of "Hold" from analysts.
• The company's financial ratios indicate manageable debt, with a debt-to-equity ratio of 0.28 and a current ratio of 1.56.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $7.44, but opened at $7.70. Yamaha Motor shares last traded at $7.70, with a volume of 500 shares changing hands.

Wall Street Analyst Weigh In

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

Yamaha Motor Stock Down 1.5%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.56. The firm has a 50 day moving average price of $7.37 and a two-hundred day moving average price of $7.62.

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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