Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $92.4150, but opened at $85.40. Yaskawa Electric shares last traded at $84.57, with a volume of 1,967 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Citigroup upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Three investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Yaskawa Electric has an average rating of “Buy”.

Yaskawa Electric Stock Down 0.2%

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.47 and a quick ratio of 1.36. The company has a market capitalization of $10.64 billion, a PE ratio of 45.35 and a beta of 1.44. The business’s 50 day simple moving average is $84.34 and its 200 day simple moving average is $70.21.

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

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.