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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $62.9450, but opened at $59.59. Yaskawa Electric shares last traded at $59.3850, with a volume of 3,415 shares traded.

Wall Street Analysts Forecast Growth

YASKY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Yaskawa Electric to a “buy” rating in a research note on Monday, November 24th. The Goldman Sachs Group raised Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. UBS Group upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Nomura Securities upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Finally, Zacks Research raised Yaskawa Electric from a “strong sell” rating to a “hold” rating in a report on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Yaskawa Electric Stock Performance

The company has a quick ratio of 1.22, a current ratio of 2.26 and a debt-to-equity ratio of 0.11. The stock has a market cap of $7.39 billion, a price-to-earnings ratio of 19.05 and a beta of 1.04. The stock’s fifty day moving average is $55.52 and its 200-day moving average is $47.12.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, October 3rd. The technology company reported $0.59 earnings per share (EPS) for the quarter. The firm had revenue of $914.02 million during the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.72%. On average, analysts forecast that Yaskawa Electric Corp. will post 3.02 EPS for the current year.

Yaskawa Electric Company Profile

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.