Yaskawa Electric (OTCMKTS:YASKY) Trading Down 12.4% – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price dropped 12.4% during trading on Wednesday . The company traded as low as $80.02 and last traded at $80.93. Approximately 479 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 11,572 shares. The stock had previously closed at $92.4150.

Wall Street Analyst Weigh In

YASKY has been the subject of several research analyst reports. 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 upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Yaskawa Electric Trading Down 1.8%

The business has a fifty day moving average of $84.06 and a 200-day moving average of $70.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.36 and a current ratio of 2.47. The company has a market capitalization of $10.47 billion, a P/E ratio of 44.62 and a beta of 1.44.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 earnings per share 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 for the quarter.

Yaskawa Electric Company Profile

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.