Yamaha (OTCMKTS:YAMCY) Trading Down 9.3% – Here’s What Happened

Yamaha Co. (OTCMKTS:YAMCYGet Free Report) fell 9.3% during trading on Tuesday . The company traded as low as $6.52 and last traded at $6.52. 732 shares changed hands during trading, a decline of 58% from the average session volume of 1,740 shares. The stock had previously closed at $7.19.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Yamaha to a “hold” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

View Our Latest Report on YAMCY

Yamaha Trading Down 9.3%

The company has a 50-day moving average of $7.25 and a 200-day moving average of $7.12. The firm has a market capitalization of $3.02 billion and a price-to-earnings 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.

See Also

Receive News & Ratings for Yamaha Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yamaha and related companies with MarketBeat.com's FREE daily email newsletter.