Yamaha Motor (OTCMKTS:YAMHF) Shares Pass Below 50 Day Moving Average – Here’s Why

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHFGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.77 and traded as low as $8.45. Yamaha Motor shares last traded at $8.66, with a volume of 540 shares trading hands.

Yamaha Motor Price Performance

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 stock’s 50 day simple moving average is $8.77 and its 200 day simple moving average is $9.03.

Yamaha Motor (OTCMKTS:YAMHFGet Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $4.53 billion for the quarter. Analysts forecast that Yamaha Motor Co., Ltd. will post 1.27 EPS for the current year.

About Yamaha Motor

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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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