Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Should You Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares gapped down prior to trading on Wednesday. The stock had previously closed at $62.35, but opened at $58.71. Yaskawa Electric shares last traded at $58.7179, with a volume of 2,227 shares traded.

Yaskawa Electric Stock Down 5.0%

The stock has a market capitalization of $7.55 billion, a P/E ratio of 33.10 and a beta of 1.51. The firm’s fifty day moving average is $60.80 and its 200-day moving average is $69.72. 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 posted its quarterly earnings data on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. Yaskawa Electric had a return on equity of 7.20% and a net margin of 6.32%. The company had revenue of $912.69 million for the quarter.

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.