Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Up - What's Next?

Key Points

• Yamaha Motor shares opened at $7.36 on Friday, up from the previous close of $7.09, with a trading volume of 100 shares.
• Goldman Sachs has downgraded Yamaha Motor to a "neutral" rating, contributing to a current consensus rating of "Hold" from analysts.
• The company operates in various sectors including land mobility and marine products, with a quick ratio of 1.01 and a debt-to-equity ratio of 0.28.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $7.09, but opened at $7.36. Yamaha Motor shares last traded at $7.36, with a volume of 100 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Yamaha Motor to a "neutral" rating in a report on Tuesday, August 5th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

Yamaha Motor Stock Performance

The stock's fifty day moving average price is $7.43 and its 200 day moving average price is $7.46. 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.

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