Shares of The Yokohama Rubber Company, Limited (OTCMKTS:YORUY – Get Free Report) dropped 24% during mid-day trading on Wednesday . The company traded as low as $19.00 and last traded at $19.00. Approximately 200 shares changed hands 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 Performance
The stock’s 50-day moving average price is $24.76 and its 200-day moving average price is $24.09.
About Yokohama Rubber
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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