Yamaha Motor (OTCMKTS:YAMHF) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Key Points

• Yamaha Motor's stock has fallen below its 50-day moving average of $7.41, trading recently at $7.10 with a volume of 1,747 shares.
• The company's debt-to-equity ratio stands at 0.28, with a current ratio of 1.56 and a quick ratio of 1.01, indicating a stable financial position.
• Yamaha Motor Co., Ltd. operates in various sectors including land mobility, marine products, robotics, and financial services across multiple regions worldwide.

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.41 and traded as low as $7.10. Yamaha Motor shares last traded at $7.10, with a volume of 1,747 shares.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Yamaha Motor to a "neutral" rating in a report on Tuesday.

Yamaha Motor Stock Up 8.5%

The company's 50 day moving average price is $7.40 and its 200-day moving average price is $7.73. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.56.

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.