Yaskawa Electric (OTCMKTS:YASKY) Shares Down 12.4% – Here’s Why

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price traded down 12.4% during mid-day trading on Wednesday . The company traded as low as $80.02 and last traded at $80.93. 479 shares were traded during trading, a decline of 96% from the average session volume of 11,572 shares. The stock had previously closed at $92.4150.

Analyst Upgrades and Downgrades

YASKY has been the subject of a number of research reports. Citigroup upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. 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 stock. According to MarketBeat.com, Yaskawa Electric presently has a consensus rating of “Buy”.

Yaskawa Electric Stock Up 3.7%

The firm has a 50 day simple moving average of $84.71 and a two-hundred day simple moving average of $70.41. The company has a market capitalization of $11.04 billion, a PE ratio of 47.04 and a beta of 1.44. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13.

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