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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $57.09, but opened at $54.78. Yaskawa Electric shares last traded at $57.00, with a volume of 262 shares traded.

Yaskawa Electric Trading Down 3.2%

The stock has a market cap of $7.29 billion, a P/E ratio of 33.06 and a beta of 1.47. The firm’s 50 day simple moving average is $61.64 and its two-hundred day simple moving average is $69.40. The company has a quick ratio of 1.21, a current ratio of 2.25 and a debt-to-equity ratio of 0.12.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share (EPS) for the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%. The company had revenue of $875.77 million for the quarter.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan-based industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.