Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $46.10 and last traded at $46.22, with a volume of 6,486 shares trading hands. The stock had previously closed at $49.2550.
Wall Street Analyst Weigh In
YASKY has been the topic of several recent analyst reports. Zacks Research initiated coverage on shares of Yaskawa Electric in a research report on Friday, October 30th. They set a “hold” rating on the stock. The Goldman Sachs Group downgraded shares of Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Yaskawa Electric currently has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on YASKY
Yaskawa Electric Stock Up 0.3%
The company has a current ratio of 2.42, a quick ratio of 1.31 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $5.76 billion, a P/E ratio of 25.24 and a beta of 1.63. The business has a 50-day moving average price of $55.98 and a 200 day moving average price of $66.52.
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last announced its quarterly earnings results on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. The firm had revenue of $912.69 million during the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.19%. On average, equities analysts expect that Yaskawa Electric Corp. will post 2.31 EPS for the current fiscal year.
About Yaskawa Electric
Yaskawa Electric Corp. 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 through operations and sales networks across Asia, the Americas, Europe and other regions.
Its products include AC drives, servo motors and controllers, motion-control systems, industrial controllers and related automation equipment.
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