Yamaha Motor (OTCMKTS:YAMHF) Stock Jumps 19.5% – Here’s What Happened

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF – Get Free Report) shares rose 19.5% during trading on Friday. The company traded as high as $11.4723 and last traded at $11.4723. Approximately 1,130 shares traded hands during trading, a decline of 28% from the average daily volume of 1,565 shares. The stock had previously closed at $9.60.

Yamaha Motor Trading Down 1.2%

The stock has a market cap of $12.03 billion, a price-to-earnings ratio of 7.60 and a beta of 0.94. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.56. The company’s 50 day simple moving average is $11.32 and its two-hundred day simple moving average is $8.83.

Yamaha Motor Company Profile

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Yamaha Motor Co., Ltd. is a Japanese manufacturer of mobility and recreational products, founded in 1955 as a separate company from Yamaha Corporation. Its first product was the YA-1 motorcycle, and motorcycles remain a core part of its business. The company also makes marine products, including outboard motors, boats and personal watercraft, as well as off-road vehicles, electric-assist bicycles, engines and industrial robots. Its business also includes financial services related to its products.

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