YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Large Decline in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY - Get Free Report) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 6,500 shares, a drop of 87.7% from the April 30th total of 52,700 shares. Based on an average trading volume of 45,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

YASKAWA Electric Trading Down 0.6%

OTCMKTS YASKY traded down $0.28 during trading on Monday, reaching $46.53. 33,199 shares of the stock traded hands, compared to its average volume of 28,337. YASKAWA Electric has a fifty-two week low of $36.11 and a fifty-two week high of $82.11. The company has a quick ratio of 1.27, a current ratio of 2.41 and a debt-to-equity ratio of 0.14. The firm has a market cap of $6.03 billion, a price-to-earnings ratio of 14.68 and a beta of 1.05. The stock's 50-day moving average price is $43.46 and its 200 day moving average price is $50.59.

YASKAWA Electric (OTCMKTS:YASKY - Get Free Report) last announced its quarterly earnings results on Friday, April 4th. The technology company reported $0.58 earnings per share for the quarter. YASKAWA Electric had a net margin of 11.36% and a return on equity of 14.92%. The company had revenue of $935.09 million for the quarter, compared to analysts' expectations of $998.44 million. Analysts predict that YASKAWA Electric will post 3.02 EPS for the current year.

About YASKAWA Electric

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.