Yaskawa Electric (OTCMKTS:YASKY) Sets New 12-Month Low – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $46.10 and last traded at $46.22, with a volume of 6,486 shares changing hands. The stock had previously closed at $49.2550.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. The Goldman Sachs Group lowered shares of Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 20th. Zacks Research assumed coverage on shares of Yaskawa Electric in a research note on Friday, October 30th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Yaskawa Electric Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.42 and a quick ratio of 1.31. The stock has a 50 day moving average price of $56.66 and a 200-day moving average price of $66.74. The stock has a market capitalization of $5.92 billion, a price-to-earnings ratio of 25.93 and a beta of 1.63.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. The firm had revenue of $912.69 million during the quarter. Yaskawa Electric had a return on equity of 7.19% and a net margin of 6.32%. On average, analysts forecast that Yaskawa Electric Corp. will post 2.31 earnings per share for the current year.

About Yaskawa Electric

Yaskawa Electric Corp. 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 through operations and sales networks across Asia, the Americas, Europe and other regions.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial controllers and related automation equipment.