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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down before the market opened on Tuesday. The stock had previously closed at $55.3799, but opened at $53.0580. Yaskawa Electric shares last traded at $53.10, with a volume of 9,699 shares.

Yaskawa Electric Trading Down 3.6%

The firm has a market capitalization of $6.92 billion, a price-to-earnings ratio of 30.32 and a beta of 1.51. The business’s 50 day moving average price is $59.87 and its 200-day moving average price is $69.82. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.25 and a quick ratio of 1.21.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings data 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 7.20%.

Yaskawa Electric Company Profile

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.