Yamaha (OTCMKTS:YAMCY) Shares Gap Up – Here’s What Happened

Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $8.03, but opened at $8.35. Yamaha shares last traded at $8.35, with a volume of 179 shares changing hands.

Yamaha Trading Up 7.0%

The stock has a fifty day simple moving average of $8.04 and a 200-day simple moving average of $7.44.

Yamaha Company Profile

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Yamaha Corporation is a Japan-based manufacturer of musical instruments and audio equipment. Its products include pianos and other keyboard instruments, guitars, drums, brass and woodwind instruments, orchestral instruments, and digital music products. The company also provides professional and consumer audio equipment, including mixing consoles, speakers, amplifiers, and related sound-processing systems.

Founded in 1887 by Torakusu Yamaha and incorporated as Nippon Gakki Co, Ltd. in 1897, the company adopted the Yamaha Corporation name in 1987.

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