Yaskawa Electric (OTCMKTS:YASKY) Stock Falls 10.7% – Should You Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price traded down 10.7% during mid-day trading on Thursday. The company traded as low as $53.00 and last traded at $54.77. Approximately 4,337 shares traded hands during trading, a decline of 64% from the average session volume of 11,988 shares. The stock had previously closed at $61.3215.

Yaskawa Electric Price Performance

The business has a fifty day moving average of $60.61 and a 200-day moving average of $69.75. The firm has a market cap of $7.09 billion, a PE ratio of 31.09 and a beta of 1.51. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. The business had revenue of $912.69 million during the quarter. Yaskawa Electric had a return on equity of 7.20% and a net margin of 6.32%.

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.