Yaskawa Electric (OTCMKTS:YASKY) Shares Down 10.7% – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares dropped 10.7% on Thursday. The stock traded as low as $53.00 and last traded at $54.77. Approximately 4,337 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 11,988 shares. The stock had previously closed at $61.3215.

Yaskawa Electric Trading Down 2.2%

The company has a market cap of $7.00 billion, a PE ratio of 30.69 and a beta of 1.51. The business has a 50 day simple moving average of $60.10 and a two-hundred day simple moving average of $69.67. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, October 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter. The business had revenue of $912.69 million for the quarter. Yaskawa Electric had a return on equity of 7.20% and a net margin of 6.32%.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation 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.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.