Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Should You Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down before the market opened on Tuesday . The stock had previously closed at $62.9450, but opened at $59.59. Yaskawa Electric shares last traded at $59.3850, with a volume of 3,415 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently commented on YASKY. The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a research report on Monday, October 13th. Zacks Research raised Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. UBS Group raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Nomura Securities raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy”.

Yaskawa Electric Price Performance

The stock has a market capitalization of $7.70 billion, a P/E ratio of 19.86 and a beta of 1.04. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.26 and a quick ratio of 1.22. The company’s 50-day simple moving average is $55.11 and its 200-day simple moving average is $46.96.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, October 3rd. The technology company reported $0.59 earnings per share for the quarter. The company had revenue of $914.02 million for the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.12%. As a group, sell-side analysts expect that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

Yaskawa Electric Company Profile

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.