Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Down 32.2% in August

Yaskawa Electric Corp. (OTCMKTS:YASKY) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 4,000 shares, a drop of 32.2% from the August 15th total of 5,900 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 16,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 16,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Yaskawa Electric Trading Up 0.4%

OTCMKTS YASKY opened at $41.33 on Wednesday. Yaskawa Electric has a one year low of $36.11 and a one year high of $70.71. The company has a 50-day simple moving average of $41.10 and a 200-day simple moving average of $44.23. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.22 and a current ratio of 2.24. The firm has a market capitalization of $5.36 billion, a PE ratio of 14.60 and a beta of 1.04.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, July 4th. The technology company reported $0.37 earnings per share for the quarter. The firm had revenue of $869.63 million for the quarter. Yaskawa Electric had a net margin of 10.37% and a return on equity of 12.90%. On average, equities analysts forecast that Yaskawa Electric will post 3.02 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered shares of Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

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.