Yaskawa Electric (OTCMKTS:YASKY) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $70.78 and traded as low as $56.48. Yaskawa Electric shares last traded at $58.56, with a volume of 20,284 shares.

Analyst Ratings Changes

Several brokerages have commented on YASKY. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Citigroup raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Yaskawa Electric Stock Up 2.6%

The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $7.79 billion, a P/E ratio of 35.35 and a beta of 1.44. The firm’s 50 day moving average price is $79.32 and its two-hundred day moving average price is $70.71.

Yaskawa Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, July 10th. The technology company reported $0.26 EPS for the quarter. The business had revenue of $875.77 million during the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%.

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.