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

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down before the market opened on Thursday . The stock had previously closed at $65.46, but opened at $63.11. Yaskawa Electric shares last traded at $64.2660, with a volume of 345 shares changing hands.

Wall Street Analyst Weigh In

YASKY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a research note on Monday, November 24th. Nomura raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. UBS Group upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, The Goldman Sachs Group upgraded Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Yaskawa Electric presently has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

The firm has a 50 day moving average of $58.69 and a 200-day moving average of $50.10. The company has a current ratio of 2.14, a quick ratio of 1.22 and a debt-to-equity ratio of 0.10. The company has a market cap of $8.46 billion, a P/E ratio of 34.14 and a beta of 1.01.

Yaskawa Electric (OTCMKTS:YASKY) last released 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 business had revenue of $892.43 million during the quarter. On average, equities research analysts predict that Yaskawa Electric Corp. will post 3.02 EPS for the current 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.