Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $55.3799, but opened at $53.0580. Yaskawa Electric shares last traded at $53.10, with a volume of 9,699 shares trading hands.

Yaskawa Electric Price Performance

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 company has a 50 day moving average price of $59.87 and a 200 day moving average price of $69.82. The firm has a market cap of $6.92 billion, a PE ratio of 30.32 and a beta of 1.51.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings results on Friday, October 9th. The technology company reported $0.65 earnings per share 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 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.