Yamaha Motor (OTCMKTS:YAMHF) Shares Gap Down – Here’s What Happened

Shares of Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $11.32, but opened at $10.00. Yamaha Motor shares last traded at $10.00, with a volume of 1,550 shares trading hands.

Yamaha Motor Stock Performance

The stock has a market cap of $10.49 billion, a price-to-earnings ratio of 6.62 and a beta of 0.94. The company has a current ratio of 1.56, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of $11.73 and a 200-day simple moving average of $8.70.

About Yamaha Motor

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Yamaha Motor Co, Ltd. is a Japan-based manufacturer of motorized products and mobility equipment. Founded in 1955 as a separate company from Yamaha Corporation, it is headquartered in Iwata, Shizuoka, Japan, and operates as an independent business focused on transportation, marine, and industrial applications.

The company’s products include motorcycles, scooters, all-terrain vehicles, recreational off-road vehicles, snowmobiles, and other powersports equipment. Yamaha Motor also manufactures marine products such as outboard engines, boats, personal watercraft, and related equipment.

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