Yaskawa Electric (OTCMKTS:YASKY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $70.84 and traded as low as $62.2150. Yaskawa Electric shares last traded at $62.5375, with a volume of 14,629 shares changing hands.

Analyst Ratings Changes

Separately, Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. 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. According to data from MarketBeat.com, Yaskawa Electric presently has an average rating of “Buy”.

Yaskawa Electric Price Performance

The stock has a 50-day simple moving average of $73.64 and a 200 day simple moving average of $70.84. The company has a market cap of $8.11 billion, a PE ratio of 36.79 and a beta of 1.47. The company has a quick ratio of 1.21, a current ratio of 2.25 and a debt-to-equity ratio of 0.12.

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

Yaskawa Electric Company Profile

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.