Yamaha (OTCMKTS:YAMCY) Hits New 1-Year High – Here’s Why

Shares of Yamaha Co. (OTCMKTS:YAMCYGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $8.00 and last traded at $7.15, with a volume of 1614 shares. The stock had previously closed at $7.5680.

Analysts Set New Price Targets

Separately, Zacks Research raised Yamaha to a “hold” rating in a report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

View Our Latest Stock Report on Yamaha

Yamaha Stock Performance

The business’s fifty day simple moving average is $7.10 and its 200-day simple moving average is $7.22. The firm has a market capitalization of $3.31 billion and a PE ratio of 0.06.

About Yamaha

(Get Free Report)

Yamaha Motor Co, Ltd., founded in 1955 as a spin-off from Yamaha Corporation, is a Japanese manufacturer specializing in a diverse range of mobility and power products. Headquartered in Iwata, Shizuoka Prefecture, the company initially gained recognition for its 125cc two-stroke motorcycle before expanding into marine engines and general-purpose power units. Over the decades, Yamaha Motor has built a reputation for engineering innovation, high-performance design and reliable manufacturing processes.

The company’s core product portfolio encompasses motorcycles, scooters and off-road vehicles, including ATVs, side-by-sides and snowmobiles.

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