The Yokohama Rubber Company, Limited (OTCMKTS:YORUY – Get Free Report)’s share price shot up 53.5% during mid-day trading on Thursday . The stock traded as high as $36.8515 and last traded at $36.8515. 300 shares were traded during trading, a decline of 85% from the average session volume of 2,033 shares. The stock had previously closed at $24.01.
Yokohama Rubber Price Performance
The business has a 50-day simple moving average of $26.67 and a two-hundred day simple moving average of $25.94.
About Yokohama Rubber
Yokohama Rubber Co, Ltd. is a Japanese manufacturer specializing in tires and a wide range of rubber products. The company’s core business encompasses the design, development and production of passenger car tires, light truck and commercial vehicle tires, earthmover and agricultural tires, as well as specialized products for aviation and marine applications. Beyond tire manufacturing, Yokohama Rubber produces industrial hoses, conveyor belts, air springs and anti-vibration rubber components, serving sectors such as construction, mining and energy.
Founded in 1917 and headquartered in Tokyo, Yokohama Rubber built its reputation by introducing advanced tire technologies licensed from overseas partners in the early 20th century.
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