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

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down before the market opened on Wednesday. The stock had previously closed at $62.35, but opened at $58.71. Yaskawa Electric shares last traded at $58.7179, with a volume of 2,227 shares.

Yaskawa Electric Stock Down 5.0%

The company has a debt-to-equity ratio of 0.12, a current ratio of 2.25 and a quick ratio of 1.21. The stock has a market capitalization of $7.16 billion, a P/E ratio of 33.01 and a beta of 1.51. The firm has a 50 day moving average of $60.37 and a 200-day moving average of $69.78.

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

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.