Yamaha (OTCMKTS:YAMCY) Shares Gap Up – Time to Buy?

Yamaha Co. (OTCMKTS:YAMCYGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $7.15, but opened at $7.6985. Yamaha shares last traded at $7.37, with a volume of 359 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded 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 data from MarketBeat.com, the company currently has an average rating of “Hold”.

View Our Latest Research Report on YAMCY

Yamaha Trading Up 0.6%

The company has a market cap of $3.59 billion and a P/E ratio of 0.06. The company’s 50-day moving average price is $7.12 and its two-hundred day moving average price is $7.23.

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.

Further Reading

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