Yaskawa Electric (OTCMKTS:YASKY) Stock Price Down 12.4% – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares traded down 12.4% during trading on Wednesday . The stock 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 Ratings Changes

Several brokerages have recently weighed in on YASKY. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Yaskawa Electric currently has an average rating of “Buy”.

Yaskawa Electric Stock Performance

The company has a 50-day moving average price of $84.06 and a two-hundred day moving average price of $70.03. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $10.47 billion, a P/E ratio of 44.62 and a beta of 1.44.

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

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.