Yamaha (OTCMKTS:YAMCY) Trading Up 3.1% – Here’s What Happened

Yamaha Co. (OTCMKTS:YAMCYGet Free Report) traded up 3.1% during mid-day trading on Thursday . The company traded as high as $7.3150 and last traded at $7.3150. 288 shares were traded during trading, a decline of 78% from the average session volume of 1,293 shares. The stock had previously closed at $7.0950.

Yamaha Stock Performance

The business’s 50-day simple moving average is $7.05 and its 200 day simple moving average is $6.85.

Yamaha Company Profile

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Yamaha Motor Co, Ltd., founded in 1955 as a spin-off from Yamaha Corporation, is a Japanese manufacturer specializing in a diverse range of mobility and power products. Headquartered in Iwata, Shizuoka Prefecture, the company initially gained recognition for its 125cc two-stroke motorcycle before expanding into marine engines and general-purpose power units. Over the decades, Yamaha Motor has built a reputation for engineering innovation, high-performance design and reliable manufacturing processes.

The company’s core product portfolio encompasses motorcycles, scooters and off-road vehicles, including ATVs, side-by-sides and snowmobiles.

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