Yamaha (OTCMKTS:YAMCY) Shares Gap Down – What’s Next?

Yamaha Co. (OTCMKTS:YAMCYGet Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $7.19, but opened at $6.6372. Yamaha shares last traded at $6.6372, with a volume of 138 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised Yamaha to a “hold” rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

View Our Latest Stock Report on Yamaha

Yamaha Stock Performance

The stock has a fifty day simple moving average of $7.05 and a two-hundred day simple moving average of $7.18. The company has a market cap of $3.23 billion and a PE ratio of 0.06.

Yamaha Company Profile

(Get Free Report)

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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