Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Should You Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $62.35, but opened at $58.71. Yaskawa Electric shares last traded at $58.7179, with a volume of 2,227 shares traded.

Yaskawa Electric Trading Down 5.0%

The firm has a market cap of $7.55 billion, a P/E ratio of 33.10 and a beta of 1.51. The company has a 50 day moving average of $60.80 and a 200 day moving average of $69.72. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 2.25.

Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last announced its quarterly earnings results 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 7.20% and a net margin of 6.32%.

Yaskawa Electric Company Profile

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Yaskawa Electric Corporation is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.

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