Yamaha Motor (OTCMKTS:YAMHF) Stock Price Down 3.9% - Time to Sell?

Key Points

• Yamaha Motor shares fell by 3.9% to close at $7.07, with around 1,803 shares traded, indicating a notable decrease from the average volume.
• Goldman Sachs downgraded Yamaha's stock to a "neutral" rating, while the consensus among analysts remains a "Hold."
• The company's current and quick ratios are 1.56 and 1.01 respectively, highlighting its liquidity position.

Shares of Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) dropped 3.9% during trading on Monday . The company traded as low as $7.07 and last traded at $7.07. Approximately 1,803 shares changed hands during trading, a decline of 6% from the average daily volume of 1,918 shares. The stock had previously closed at $7.36.

Analyst Upgrades and Downgrades

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

Yamaha Motor Price Performance

The company has a quick ratio of 1.01, a current ratio of 1.56 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average of $7.42 and a two-hundred day moving average of $7.46.

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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