Yamaha (OTCMKTS:YAMCY) Shares Gap Up – Here’s What Happened

Shares of Yamaha Co. (OTCMKTS:YAMCYGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $6.78, but opened at $7.18. Yamaha shares last traded at $7.18, with a volume of 459 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Yamaha to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Yamaha has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on YAMCY

Yamaha Stock Up 5.9%

The company’s fifty day moving average price is $7.07 and its 200 day moving average price is $7.18. The company has a market capitalization of $3.32 billion and a P/E ratio of 0.06.

About Yamaha

(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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