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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $85.1350, but opened at $73.13. Yaskawa Electric shares last traded at $72.97, with a volume of 1,086 shares traded.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group raised shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Yaskawa Electric Trading Down 7.7%

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.47 and a quick ratio of 1.36. The firm has a fifty day simple moving average of $84.91 and a 200-day simple moving average of $70.70. The firm has a market cap of $8.76 billion, a P/E ratio of 39.72 and a beta of 1.44.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share (EPS) for the quarter. The company had revenue of $875.77 million for the quarter. Yaskawa Electric had a return on equity of 6.97% and a net margin of 6.11%.

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.