Yaskawa Electric (OTCMKTS:YASKY) Issues Quarterly Earnings Results

Yaskawa Electric (OTCMKTS:YASKY) posted its quarterly earnings data on Friday. The technology company reported $0.59 earnings per share for the quarter, Zacks reports. The company had revenue of $914.02 million during the quarter. Yaskawa Electric had a net margin of 10.37% and a return on equity of 12.90%.

Yaskawa Electric Stock Performance

OTCMKTS YASKY opened at $48.42 on Friday. Yaskawa Electric has a fifty-two week low of $36.11 and a fifty-two week high of $69.26. The firm has a market capitalization of $6.28 billion, a P/E ratio of 16.19 and a beta of 1.11. The stock’s fifty day moving average is $41.69 and its two-hundred day moving average is $43.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.22 and a current ratio of 2.24.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Zacks Research raised shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. The Goldman Sachs Group cut Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Yaskawa Electric currently has an average rating of “Hold”.

About Yaskawa Electric

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.