Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Down – Here’s Why

Shares of Yamaha Motor Co., Ltd. (OTCMKTS:YAMHFGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $12.80, but opened at $12.05. Yamaha Motor shares last traded at $12.05, with a volume of 152 shares trading hands.

Yamaha Motor Stock Performance

The company has a current ratio of 1.56, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $12.64 billion, a P/E ratio of 7.98 and a beta of 0.94. The business’s 50 day simple moving average is $10.12 and its two-hundred day simple moving average is $8.27.

About Yamaha Motor

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Yamaha Motor Co, Ltd. is a Japan-based manufacturer of mobility, marine and industrial products. Although it shares the Yamaha name with Yamaha Corporation, Yamaha Motor is a separate company focused primarily on motorized vehicles, engines and related equipment.

The company’s products include motorcycles, scooters, all-terrain vehicles, recreational off-road vehicles, snowmobiles and other powersports equipment. Its marine business produces outboard motors, personal watercraft and boats, while its power-products operations include generators and multipurpose engines.

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