YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Significant Drop in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 300 shares, a decline of 25.0% from the March 15th total of 400 shares. Based on an average trading volume of 31,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

YASKAWA Electric Trading Up 2.3 %

OTCMKTS:YASKY opened at $38.08 on Friday. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of 12.01 and a beta of 1.10. YASKAWA Electric has a 52 week low of $36.11 and a 52 week high of $87.95. The company has a quick ratio of 1.27, a current ratio of 2.41 and a debt-to-equity ratio of 0.14. The firm has a 50 day moving average of $50.59 and a 200 day moving average of $53.95.

YASKAWA Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, April 4th. The technology company reported $0.58 EPS for the quarter. YASKAWA Electric had a return on equity of 14.92% and a net margin of 11.36%. The firm had revenue of $935.09 million during the quarter, compared to analyst estimates of $998.44 million. As a group, sell-side analysts anticipate that YASKAWA Electric will post 3.02 earnings per share for the current fiscal year.

YASKAWA Electric Company Profile

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.