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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $88.50, but opened at $77.35. Yaskawa Electric shares last traded at $77.42, with a volume of 6,009 shares traded.

Analysts Set New Price Targets

A number of equities analysts have commented on YASKY shares. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note 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 issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Yaskawa Electric Stock Down 0.1%

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.47 and a quick ratio of 1.36. The stock has a market capitalization of $10.28 billion, a PE ratio of 43.80 and a beta of 1.37. The company has a 50 day moving average price of $65.41 and a 200-day moving average price of $62.50.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share (EPS) for the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.The firm had revenue of $941.89 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.