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

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped down before the market opened on Tuesday . The stock had previously closed at $59.07, but opened at $55.86. Yaskawa Electric shares last traded at $58.25, with a volume of 1,047 shares trading hands.

Yaskawa Electric Price Performance

The company has a market cap of $7.49 billion, a PE ratio of 33.96 and a beta of 1.47. The company has a quick ratio of 1.21, a current ratio of 2.25 and a debt-to-equity ratio of 0.12. The firm has a 50 day simple moving average of $66.14 and a 200-day simple moving average of $70.07.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly 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 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.