Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report)’s share price traded down 12.7% during mid-day trading on Tuesday . The company traded as low as $67.59 and last traded at $68.21. 3,076 shares changed hands during trading, a decline of 73% from the average session volume of 11,560 shares. The stock had previously closed at $78.09.
Wall Street Analysts Forecast Growth
Several brokerages have commented on YASKY. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Citigroup raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Three investment 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 company. According to MarketBeat.com, Yaskawa Electric has an average rating of “Buy”.
Read Our Latest Research Report on Yaskawa Electric
Yaskawa Electric Price Performance
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last posted its quarterly earnings data on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. The company had revenue of $875.77 million during the quarter. Yaskawa Electric had a return on equity of 6.97% 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.
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