YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Large Decline in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,400 shares, a drop of 58.8% from the March 31st total of 3,400 shares. Based on an average daily volume of 16,000 shares, the short-interest ratio is presently 0.1 days.

YASKAWA Electric Stock Up 2.4 %

YASKAWA Electric stock opened at $81.95 on Friday. YASKAWA Electric has a 12-month low of $64.93 and a 12-month high of $96.80. The firm’s 50-day moving average is $82.81 and its two-hundred day moving average is $77.96. The company has a quick ratio of 1.31, a current ratio of 2.41 and a debt-to-equity ratio of 0.13.

YASKAWA Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, April 5th. The technology company reported $0.83 earnings per share (EPS) for the quarter. YASKAWA Electric had a net margin of 8.79% and a return on equity of 13.09%. The company had revenue of $1.03 billion for the quarter. On average, equities analysts anticipate that YASKAWA Electric will post 2.58 EPS for the current fiscal year.

About YASKAWA Electric

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.