Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $59.07, but opened at $55.86. Yaskawa Electric shares last traded at $58.25, with a volume of 1,047 shares traded.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Yaskawa Electric has a consensus rating of “Buy”.

Yaskawa Electric Trading Down 0.3%

The company has a market cap of $7.64 billion, a PE ratio of 34.65 and a beta of 1.47. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 2.25. The company has a 50 day simple moving average of $67.40 and a two-hundred day simple moving average of $70.20.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.The company had revenue of $875.77 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.