Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $58.75, but opened at $53.01. Yaskawa Electric shares last traded at $54.90, with a volume of 3,837 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. Two equities research 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 company. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Yaskawa Electric Price Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 2.14 and a quick ratio of 1.16. The business’s 50-day moving average price is $65.14 and its two-hundred day moving average price is $56.03. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 30.33 and a beta of 1.00.

Yaskawa Electric (OTCMKTS:YASKY) last posted 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 net margin of 6.86% and a return on equity of 8.18%. The firm had revenue of $892.43 million for the quarter. On average, research 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.