Yaskawa Electric (OTCMKTS:YASKY) Shares Cross Below 200 Day Moving Average – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $70.78 and traded as low as $56.48. Yaskawa Electric shares last traded at $58.56, with a volume of 20,284 shares traded.

Analyst Upgrades and Downgrades

YASKY has been the topic of a number of analyst reports. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report 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 given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy”.

Yaskawa Electric Stock Up 3.8%

The stock’s 50-day moving average price is $79.92 and its 200-day moving average price is $70.78. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The stock has a market cap of $7.59 billion, a price-to-earnings ratio of 34.45 and a beta of 1.44.

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