Yaskawa Electric (OTCMKTS:YASKY) Stock Falls 6.7% – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price was down 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 Trading Down 3.7%

The firm’s 50 day moving average price is $60.84 and its 200-day moving average price is $69.55. 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 stock has a market cap of $7.80 billion, a P/E ratio of 35.39 and a beta of 1.51.

Yaskawa Electric (OTCMKTS:YASKY) last announced 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 during the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%.

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.