Yamaha Motor (OTCMKTS:YAMHF) Stock Passes Above 50 Day Moving Average of $18.98

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHFGet Rating) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $18.98 and traded as high as $19.17. Yamaha Motor shares last traded at $19.17, with a volume of 2,306 shares.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut Yamaha Motor from a “buy” rating to a “neutral” rating in a research note on Thursday, July 14th.

Yamaha Motor Price Performance

The company has a market capitalization of $6.70 billion, a PE ratio of 5.10 and a beta of 1.19. The company has a current ratio of 1.93, a quick ratio of 1.18 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $18.98 and a 200-day simple moving average of $20.80.

Yamaha Motor (OTCMKTS:YAMHFGet Rating) last announced its quarterly earnings results on Monday, May 16th. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.27). The business had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Yamaha Motor had a return on equity of 14.68% and a net margin of 7.96%. Equities analysts anticipate that Yamaha Motor Co., Ltd. will post 3.01 earnings per share for the current year.

About Yamaha Motor

(Get Rating)

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.

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