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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $85.1350, but opened at $73.13. Yaskawa Electric shares last traded at $72.97, with a volume of 1,086 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have commented on YASKY. Jefferies Financial Group raised shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Yaskawa Electric Trading Down 5.8%

The stock has a market cap of $9.54 billion, a PE ratio of 43.28 and a beta of 1.44. 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 stock has a fifty day moving average price of $84.96 and a 200 day moving average price of $70.54.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. The company had revenue of $875.77 million for the quarter. Yaskawa Electric had a return on equity of 6.97% and a net margin of 6.11%.

Yaskawa Electric Company Profile

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.