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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $59.4506, but opened at $57.34. Yaskawa Electric shares last traded at $57.34, with a volume of 387 shares.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Yaskawa Electric Stock Performance

The company has a 50 day moving average price of $68.46 and a 200-day moving average price of $70.35. 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 company has a market cap of $7.54 billion, a P/E ratio of 34.18 and a beta of 1.47.

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