Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $57.09, but opened at $54.78. Yaskawa Electric shares last traded at $57.00, with a volume of 262 shares changing hands.

Yaskawa Electric Stock Down 3.2%

The firm’s 50 day simple moving average is $61.64 and its 200 day simple moving average is $69.40. The company has a market cap of $7.29 billion, a price-to-earnings ratio of 33.06 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.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, July 10th. The technology company reported $0.26 earnings per share (EPS) for the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.The business had revenue of $875.77 million during the quarter.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japan-based industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.