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

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down prior to trading on Friday . The stock had previously closed at $54.00, but opened at $51.46. Yaskawa Electric shares last traded at $53.3250, with a volume of 707 shares traded.

Yaskawa Electric Trading Down 3.5%

The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 27.29 and a beta of 1.00. The business’s 50 day moving average price is $63.56 and its 200-day moving average price is $57.17. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.14 and a quick ratio of 1.16.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings data on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.18%. The firm had revenue of $892.43 million during the quarter. Equities analysts forecast that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.