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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $92.4150, but opened at $85.40. Yaskawa Electric shares last traded at $84.57, with a volume of 1,967 shares traded.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on YASKY. Citigroup raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Yaskawa Electric Stock Down 10.1%

The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The business’s 50-day simple moving average is $83.73 and its 200-day simple moving average is $69.86. The company has a market capitalization of $10.78 billion, a PE ratio of 45.92 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 EPS for the quarter. The business had revenue of $941.89 million for the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%.

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.