Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares gapped down before the market opened on Friday . The stock had previously closed at $54.00, but opened at $51.46. Yaskawa Electric shares last traded at $53.3250, with a volume of 707 shares traded.

Yaskawa Electric Trading Down 4.6%

The stock has a market cap of $6.68 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. The company has a quick ratio of 1.16, a current ratio of 2.14 and a debt-to-equity ratio of 0.10. The business’s 50 day simple moving average is $63.25 and its 200 day simple moving average is $57.36.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, January 9th. The technology company reported $0.37 earnings per share for the quarter. The company had revenue of $892.43 million for the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.18%. On average, research analysts expect that Yaskawa Electric Corp. will post 3.02 EPS 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.