Yaskawa Electric (OTCMKTS:YASKY) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $70.78 and traded as low as $56.48. Yaskawa Electric shares last traded at $58.56, with a volume of 20,284 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on YASKY shares. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Yaskawa Electric has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

The company has a 50 day moving average price of $79.92 and a 200-day moving average price of $70.78. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 34.45 and a beta of 1.44. The company has a quick ratio of 1.21, a current ratio of 2.25 and a debt-to-equity ratio of 0.12.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, July 10th. The technology company reported $0.26 EPS for the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%. The business had revenue of $875.77 million for the quarter.

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.