Yamaha (OTCMKTS:YAMCY) Stock Price Down 2.7% – Should You Sell?

Yamaha Co. (OTCMKTS:YAMCYGet Free Report)’s share price dropped 2.7% during trading on Thursday . The stock traded as low as $6.56 and last traded at $6.58. Approximately 43,647 shares traded hands during trading, an increase of 7% from the average daily volume of 40,885 shares. The stock had previously closed at $6.76.

Yamaha Stock Performance

The company has a fifty day simple moving average of $6.99 and a two-hundred day simple moving average of $14.65.

Yamaha Company Profile

(Get Free Report)

Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other businesses in Japan and internationally. It manufactures and sells pianos; guitars; keyboards; strings; basses and amps; brass and woodwinds; marching instruments; drums; percussion instruments; music production tools; audio and visual products; and professional audio equipment under the Bösendorfer, Steinberg, Line 6, Ampeg, and Nexo brands.

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