Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $86.82, but opened at $81.73. Yaskawa Electric shares last traded at $82.36, with a volume of 1,743 shares trading hands.

Analyst Ratings Changes

YASKY has been the subject of a number of recent analyst reports. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Three equities research 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 data from MarketBeat.com, Yaskawa Electric presently has a consensus rating of “Buy”.

Yaskawa Electric Trading Up 0.8%

The business has a 50 day moving average of $73.01 and a 200-day moving average of $65.42. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $10.68 billion, a P/E ratio of 45.50 and a beta of 1.44.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The firm had revenue of $941.89 million for the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.

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.