Yamaha (OTCMKTS:YAMCY) Shares Gap Down – What’s Next?

Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $8.13, but opened at $7.8050. Yamaha shares last traded at $7.8050, with a volume of 516 shares traded.

Yamaha Stock Down 1.2%

The stock has a fifty day moving average of $8.15 and a 200-day moving average of $7.50.

About Yamaha

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Yamaha Corporation is a Japan-based manufacturer of musical instruments, audio equipment and related products. Its portfolio includes pianos, keyboards, guitars, drums, wind and string instruments, professional and consumer audio equipment, and products for music production and sound reinforcement. The company also provides music education and other services connected with musical performance and audio technology.

The company traces its origins to 1887, when Torakusu Yamaha built a reed organ in Hamamatsu, Japan.

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