Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Should You Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $86.82, but opened at $81.73. Yaskawa Electric shares last traded at $82.36, with a volume of 1,743 shares changing hands.

Wall Street Analysts Forecast Growth

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

Yaskawa Electric Trading Up 0.8%

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 $10.68 billion, a price-to-earnings ratio of 45.50 and a beta of 1.44. The business’s 50-day simple moving average is $73.01 and its 200-day simple moving average is $65.42.

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