Yaskawa Electric (OTCMKTS:YASKY) Rating Lowered to “Hold” at The Goldman Sachs Group

Yaskawa Electric (OTCMKTS:YASKY) was downgraded by equities research analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday, Zacks reports.

Yaskawa Electric Stock Performance

Shares of OTCMKTS:YASKY opened at $50.80 on Tuesday. The business’s fifty day moving average price is $58.89 and its two-hundred day moving average price is $69.79. Yaskawa Electric has a fifty-two week low of $46.32 and a fifty-two week high of $96.17. The stock has a market capitalization of $6.59 billion, a price-to-earnings ratio of 30.43 and a beta of 1.51. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.42 and a quick ratio of 1.21.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, October 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter. The firm had revenue of $912.69 million during the quarter. Yaskawa Electric had a return on equity of 7.19% and a net margin of 6.32%.

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.