Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares gapped down before the market opened on Friday. The stock had previously closed at $49.02, but opened at $47.10. Yaskawa Electric shares last traded at $46.70, with a volume of 227,701 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on YASKY shares. Zacks Research began coverage on shares of Yaskawa Electric in a research note on Friday, October 30th. They issued a “hold” rating on the stock. The Goldman Sachs Group lowered Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Yaskawa Electric has a consensus rating of “Moderate Buy”.

Yaskawa Electric Trading Down 1.9%

The stock has a market cap of $6.08 billion, a PE ratio of 26.64 and a beta of 1.63. The company’s 50-day moving average price is $55.13 and its 200 day moving average price is $66.18. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.31 and a current ratio of 2.42.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, October 9th. The technology company reported $0.65 earnings per share for the quarter. The company had revenue of $912.69 million during the quarter. Yaskawa Electric had a return on equity of 7.19% and a net margin of 6.32%. On average, sell-side analysts forecast that Yaskawa Electric Corp. will post 2.31 EPS for the current fiscal year.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japanese manufacturer of industrial automation and control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves customers in manufacturing and other industries around the world. Its products include AC drives, servo motors and controllers, and industrial robots. Yaskawa also provides automation systems and related technologies designed to help businesses control machinery, improve production processes, and automate tasks such as material handling, welding, and assembly.