Yaskawa Electric (OTCMKTS:YASKY) Shares Down 6.8% – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares traded down 6.8% during mid-day trading on Friday . The stock traded as low as $57.11 and last traded at $57.11. 215 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 10,888 shares. The stock had previously closed at $61.28.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Yaskawa Electric Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.16 and a current ratio of 2.14. The firm has a market cap of $7.49 billion, a P/E ratio of 30.23 and a beta of 1.00. The company’s 50 day moving average is $65.28 and its 200 day moving average is $55.70.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings results on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. Yaskawa Electric had a return on equity of 8.18% and a net margin of 6.86%.The company had revenue of $892.43 million during the quarter. As a group, equities analysts predict that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal year.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.