Yamaha Motor (OTCMKTS:YAMHF) Share Price Passes Below 50 Day Moving Average – What’s Next?

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $8.76 and traded as low as $8.23. Yamaha Motor shares last traded at $8.66, with a volume of 2,634 shares changing hands.

Yamaha Motor Stock Performance

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 stock’s 50-day simple moving average is $8.77 and its 200-day simple moving average is $9.05.

Yamaha Motor (OTCMKTS:YAMHF) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.37 earnings per share for the quarter. The firm had revenue of $4.53 billion for the quarter. On average, analysts forecast that Yamaha Motor Co., Ltd. will post 1.27 earnings per share for the current year.

Yamaha Motor Company Profile

Yamaha Motor Co, Ltd., together with its subsidiaries, engages in the land mobility, marine products, robotics, and financial services businesses in Japan, North America, Europe, Asia, and internationally. Its Land Mobility segment offers motorcycles, leaning multi-wheelers, all-terrain vehicles, recreational off highway vehicles, snowmobiles, electrically power-assisted bicycles, electric wheelchairs, automobile engines, and automobile components, as well as intermediate parts for products, and knockdown parts.