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

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down prior to trading on Friday. The stock had previously closed at $49.02, but opened at $47.10. Yaskawa Electric shares last traded at $46.70, with a volume of 227,701 shares changing hands.

Analysts Set New Price Targets

YASKY has been the subject of several research analyst reports. The Goldman Sachs Group lowered shares of Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a research note 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 analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Yaskawa Electric Price Performance

The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 26.64 and a beta of 1.63. The company has a quick ratio of 1.31, a current ratio of 2.42 and a debt-to-equity ratio of 0.13. The company’s 50-day moving average price is $55.13 and its 200-day moving average price is $66.18.

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 business had revenue of $912.69 million during the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.19%. On average, equities research analysts forecast that Yaskawa Electric Corp. will post 2.31 EPS for the current year.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japanese manufacturer of industrial automation and control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves customers in manufacturing and other industries around the world. Its products include AC drives, servo motors and controllers, and industrial robots. Yaskawa also provides automation systems and related technologies designed to help businesses control machinery, improve production processes, and automate tasks such as material handling, welding, and assembly.