Yaskawa Electric (OTCMKTS:YASKY) Shares Down 6.7% – Should You Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price fell 6.7% on Thursday. The company traded as low as $58.19 and last traded at $58.19. 658 shares traded hands during trading, a decline of 95% from the average session volume of 11,981 shares. The stock had previously closed at $62.3540.

Yaskawa Electric Price Performance

The stock has a market cap of $8.14 billion, a price-to-earnings ratio of 36.94 and a beta of 1.51. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The company’s fifty day moving average is $60.91 and its two-hundred day moving average is $69.54.

Yaskawa Electric (OTCMKTS:YASKY) last released 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 7.00% and a net margin of 6.11%.

About Yaskawa Electric

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.