Yaskawa Electric (OTCMKTS:YASKY) Stock Price Down 6.7% – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) traded down 6.7% during trading on Thursday. The stock traded as low as $58.19 and last traded at $58.19. 658 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 11,981 shares. The stock had previously closed at $62.3540.

Yaskawa Electric Stock Down 3.7%

The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The firm has a market cap of $7.80 billion, a P/E ratio of 35.39 and a beta of 1.51. The company’s 50 day simple moving average is $60.84 and its 200-day simple moving average is $69.55.

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

Yaskawa Electric Company Profile

Yaskawa Electric Corporation 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.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.