Yokohama Rubber (OTCMKTS:YORUY) Trading Down 24% – Here’s Why

The Yokohama Rubber Company, Limited (OTCMKTS:YORUYGet Free Report)’s share price dropped 24% on Wednesday . The stock traded as low as $19.00 and last traded at $19.00. Approximately 200 shares were traded during trading, a decline of 50% from the average daily volume of 400 shares. The stock had previously closed at $25.00.

Yokohama Rubber Stock Down 24.0 %

The stock’s fifty day moving average price is $25.00 and its 200-day moving average price is $24.17.

About Yokohama Rubber

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The Yokohama Rubber Company, Limited manufactures and sells tires in Japan, the United States, India, China, the Philippines, and internationally. It offers tires for passenger cars and light trucks, trucks and buses, construction and mining equipment, industrial vehicles and agricultural and forestry machinery, and motorsports, as well as aluminum alloy wheels and other automotive related components under the ADVAN, BluEarth, iceGUARD, GEOLANDAR, YOKOHAMA, ALLIANCE, GALAXY, PRIMEX, and AICHI brand names.

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