Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKYGet Free Report)’s share price gapped down prior to trading 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.

Analyst Ratings Changes

YASKY has been the subject of several research reports. 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 raised shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Get Our Latest Analysis on Yaskawa Electric

Yaskawa Electric Stock Down 4.6%

The stock has a market capitalization of $10.15 billion, a PE ratio of 43.25 and a beta of 1.44. The firm’s fifty day moving average is $74.11 and its 200-day moving average is $65.86. The company has a quick ratio of 1.36, a current ratio of 2.47 and a debt-to-equity ratio of 0.13.

Yaskawa Electric (OTCMKTS:YASKYGet Free Report) last issued its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The company 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

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Yaskawa Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yaskawa Electric and related companies with MarketBeat.com's FREE daily email newsletter.