Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Should You Sell?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down before the market opened on Tuesday . The stock had previously closed at $95.58, but opened at $86.51. Yaskawa Electric shares last traded at $87.60, with a volume of 2,180 shares trading hands.

Wall Street Analyst Weigh In

YASKY has been the subject of a number of analyst reports. Citigroup upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Yaskawa Electric presently has an average rating of “Buy”.

Yaskawa Electric Trading Down 8.5%

The stock has a fifty day simple moving average of $79.56 and a 200 day simple moving average of $68.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.36 and a current ratio of 2.47. The firm has a market cap of $11.34 billion, a P/E ratio of 48.31 and a beta of 1.44.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The business had revenue of $941.89 million during the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.

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.