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

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) 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 trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on YASKY. Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. Zacks Research raised Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. The Goldman Sachs Group upgraded Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. UBS Group raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, Nomura Securities raised 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 assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Yaskawa Electric presently has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.26 and a quick ratio of 1.22. The company has a market cap of $8.15 billion, a P/E ratio of 21.02 and a beta of 1.01. The company’s 50-day moving average price is $56.71 and its 200-day moving average price is $48.72.

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.