Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $52.79, but opened at $49.50. Yaskawa Electric shares last traded at $49.7850, with a volume of 7,512 shares trading hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Yaskawa Electric Stock Up 1.8%

The company has a current ratio of 2.42, a quick ratio of 1.31 and a debt-to-equity ratio of 0.13. The firm has a market cap of $6.50 billion, a P/E ratio of 28.49 and a beta of 1.51. The stock’s fifty day moving average is $57.43 and its two-hundred day moving average is $66.96.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. The firm had revenue of $912.69 million during the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.19%. As a group, research analysts anticipate that Yaskawa Electric Corp. will post 2.31 earnings per share for the current year.

About Yaskawa Electric

Yaskawa Electric Corp. 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 through operations and sales networks across Asia, the Americas, Europe and other regions.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial controllers and related automation equipment.