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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $63.86, but opened at $60.31. Yaskawa Electric shares last traded at $63.84, with a volume of 274 shares.

Analysts Set New Price Targets

Several equities research analysts recently commented on YASKY shares. Zacks Research raised Yaskawa Electric from a “strong sell” rating to a “hold” rating in a report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft raised shares of Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. UBS Group upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a report on Monday, October 13th. Finally, Nomura Securities upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Yaskawa Electric Stock Down 1.5%

The company has a quick ratio of 1.22, a current ratio of 2.26 and a debt-to-equity ratio of 0.11. The stock has a market cap of $8.03 billion, a PE ratio of 20.70 and a beta of 1.01. The firm has a fifty day moving average of $57.01 and a 200 day moving average of $48.94.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, January 9th. The technology company reported $0.37 earnings per share (EPS) for the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.72%.The firm had revenue of $892.43 million for the quarter. On average, equities research analysts anticipate that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

Yaskawa Electric Company Profile

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.