Yaskawa Electric (OTCMKTS:YASKY) Stock Rating Lowered by The Goldman Sachs Group

Yaskawa Electric (OTCMKTS:YASKY) was downgraded by equities research analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

Yaskawa Electric Stock Performance

Shares of YASKY opened at $50.80 on Tuesday. Yaskawa Electric has a 12-month low of $46.32 and a 12-month high of $96.17. The company has a current ratio of 2.42, a quick ratio of 1.21 and a debt-to-equity ratio of 0.13. The company has a market cap of $6.59 billion, a PE ratio of 28.86 and a beta of 1.51. The stock has a 50-day moving average price of $58.89 and a 200-day moving average price of $69.79.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, October 9th. The technology company reported $0.65 earnings per share for the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.19%. The firm had revenue of $912.69 million for the quarter.

Yaskawa Electric Company Profile

Yaskawa Electric Corp. is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide through operations and sales networks across Asia, the Americas, Europe and other regions.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial controllers and related automation equipment.