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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $65.46, but opened at $63.11. Yaskawa Electric shares last traded at $64.2660, with a volume of 345 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. The Goldman Sachs Group raised shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a report on Monday, October 13th. Nomura upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. UBS Group upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, Deutsche Bank Aktiengesellschaft raised Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Yaskawa Electric Stock Down 1.2%

The company has a quick ratio of 1.22, a current ratio of 2.14 and a debt-to-equity ratio of 0.10. The firm has a market cap of $8.35 billion, a PE ratio of 33.70 and a beta of 1.01. The firm’s 50 day moving average is $59.18 and its 200-day moving average is $50.38.

Yaskawa Electric (OTCMKTS:YASKY) last released its earnings results on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. The firm had revenue of $892.43 million during the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.18%. As a group, equities research analysts expect that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal year.

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.