Yokohama Rubber (OTCMKTS:YORUY) Stock Price Down 24% – Should You Sell?

The Yokohama Rubber Company, Limited (OTCMKTS:YORUYGet Free Report) dropped 24% on Wednesday . The company traded as low as $19.00 and last traded at $19.00. Approximately 200 shares changed hands during trading, a decline of 50% from the average daily volume of 400 shares. The stock had previously closed at $25.00.

Yokohama Rubber Stock Performance

The business has a 50 day simple moving average of $24.76 and a two-hundred day simple moving average of $24.09.

Yokohama Rubber Company Profile

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The Yokohama Rubber Company, Limited manufactures and sells tires in Japan, the United States, India, China, the Philippines, and internationally. It offers tires for passenger cars and light trucks, trucks and buses, construction and mining equipment, industrial vehicles and agricultural and forestry machinery, and motorsports, as well as aluminum alloy wheels and other automotive related components under the ADVAN, BluEarth, iceGUARD, GEOLANDAR, YOKOHAMA, ALLIANCE, GALAXY, PRIMEX, and AICHI brand names.

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