Shares of Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) shot up 8.8% during mid-day trading on Monday. The stock traded as high as $8.13 and last traded at $8.13. 209 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 2,042 shares. The stock had previously closed at $7.47.
Yamaha Price Performance
The firm’s 50-day moving average price is $8.12 and its two-hundred day moving average price is $7.48.
Yamaha Company Profile
Yamaha Corporation is a Japan-based manufacturer of musical instruments and audio equipment. Its products include pianos and other keyboard instruments, guitars, drums, brass and woodwind instruments, orchestral instruments, and digital music products. The company also provides professional and consumer audio equipment, including mixing consoles, speakers, amplifiers, and related sound-processing systems.
Founded in 1887 by Torakusu Yamaha and incorporated as Nippon Gakki Co, Ltd. in 1897, the company adopted the Yamaha Corporation name in 1987.
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