Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) shares traded down 12.7% during trading on Tuesday . The company traded as low as $67.59 and last traded at $68.21. Approximately 3,076 shares traded hands during trading, a decline of 73% from the average session volume of 11,560 shares. The stock had previously closed at $78.09.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup upgraded 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 assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.
View Our Latest Report on Yaskawa Electric
Yaskawa Electric Price Performance
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last issued its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. The business had revenue of $875.77 million for the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 6.97%.
About Yaskawa Electric
Yaskawa Electric Corporation is a Japanābased 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.
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