Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) dropped 1.1% on Wednesday . The company traded as low as $7.06 and last traded at $7.36. Approximately 20,514 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 81,223 shares. The stock had previously closed at $7.44.
Yamaha Price Performance
The firm has a 50 day moving average of $8.87 and a 200-day moving average of $18.00.
About Yamaha
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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