Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) shares dropped 10.8% on Wednesday . The stock traded as low as $73.2150 and last traded at $73.2150. Approximately 1,964 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 10,906 shares. The stock had previously closed at $82.09.
Analyst Ratings Changes
YASKY has been the topic of several research reports. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Jefferies Financial Group raised 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 issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on Yaskawa Electric
Yaskawa Electric Stock Down 6.1%
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last released its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 EPS for the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.The company had revenue of $941.89 million for the quarter.
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.
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