Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Here’s Why

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $67.3355, but opened at $64.66. Yaskawa Electric shares last traded at $64.8560, with a volume of 1,626 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Yaskawa Electric Stock Performance

The firm’s 50-day moving average is $61.23 and its 200 day moving average is $59.72. The stock has a market cap of $8.49 billion, a PE ratio of 36.18 and a beta of 1.12. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.16 and a current ratio of 2.47.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, April 10th. The technology company reported $0.48 EPS for the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%. The firm had revenue of $941.89 million during the quarter.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.