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

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down prior to trading on Tuesday . The stock had previously closed at $88.50, but opened at $77.35. Yaskawa Electric shares last traded at $77.42, with a volume of 6,009 shares.

Analyst Ratings Changes

Several research analysts have commented on YASKY shares. Citigroup upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

The company has a 50 day moving average price of $64.51 and a 200 day moving average price of $62.16. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $10.24 billion, a price-to-earnings ratio of 43.62 and a beta of 1.37.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 EPS for the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.The business 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.