Yamaha Motor (OTCMKTS:YAMHF) Downgraded by Zacks Investment Research

Yamaha Motor (OTCMKTS:YAMHF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Friday, Zacks.com reports.

According to Zacks, “Yamaha Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automotive engine and transportation equipment. Its operating segment consists of Motorcycles, Marine Products, Power Products, Industrial Machinery and Robots and Others. Motorcycles segment includes motorcycles and knockdown parts for overseas production. Marine Products segment consists of outboard motors, personal watercraft, pleasure-use boats, fiberglass-reinforced plastic pools, fishing boats, utility boats and diesel engines. Power Products segment comprises of all-terrain vehicles, side-by-side vehicles, snowmobiles, golf cars, generators, small-sized snow throwers and multipurpose engines. Industrial Machinery and Robots segment covers electric actuators. Others segment includes surface mounters, automotive engines, electrically powered wheelchairs and industrial unmanned helicopters. Yamaha Motor Co., Ltd. is headquartered in Iwata, Japan. “

Shares of OTCMKTS:YAMHF traded down $0.13 during trading on Friday, reaching $16.02. 800 shares of the stock were exchanged, compared to its average volume of 529. Yamaha Motor has a 12 month low of $16.00 and a 12 month high of $28.22. The firm has a market cap of $5.59 billion, a PE ratio of 6.54, a PEG ratio of 2.93 and a beta of 1.37. The stock has a 50-day moving average price of $17.29 and a 200-day moving average price of $18.95. The company has a current ratio of 1.50, a quick ratio of 0.93 and a debt-to-equity ratio of 0.10.

About Yamaha Motor

Yamaha Motor Co, Ltd., together with its subsidiaries, develops, produces, and sells motorcycles, marine products, power products, and industrial machinery and robots, and other products in Japan, North America, Europe, other Asian countries, and internationally. It offers commuter vehicles; recreational vehicles comprising all-terrain vehicles, off-highway vehicles, and snowmobiles; and cruising, fishing, and wakeboard towing boats.

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