Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Update

Key Points

• Yaskawa Electric Corp. saw a significant decline of 32.2% in short interest, dropping from 5,900 shares to 4,000 shares as of August 31st.
• Goldman Sachs downgraded Yaskawa Electric from a "strong-buy" to a "hold" rating, reflecting a consensus rating of "Hold" among analysts.
• The company reported $0.37 earnings per share for the most recent quarter, with a revenue of $869.63 million and a net margin of 10.37%.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 4,000 shares, a decrease of 32.2% from the August 15th total of 5,900 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 16,600 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 16,600 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Yaskawa Electric Price Performance

OTCMKTS:YASKY traded down $0.26 during mid-day trading on Friday, reaching $42.25. The stock had a trading volume of 4,020 shares, compared to its average volume of 9,724. The stock has a 50-day simple moving average of $41.24 and a two-hundred day simple moving average of $44.07. The stock has a market capitalization of $5.48 billion, a PE ratio of 14.93 and a beta of 1.04. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.24 and a quick ratio of 1.22. Yaskawa Electric has a 12 month low of $36.11 and a 12 month high of $70.71.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last announced its quarterly earnings data on Friday, July 4th. The technology company reported $0.37 earnings per share (EPS) for the quarter. The business 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 anticipate that Yaskawa Electric will post 3.02 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Zacks Research raised shares of Yaskawa Electric from a "strong sell" rating to a "hold" rating in a report on Thursday. The Goldman Sachs Group cut shares of Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Yaskawa Electric currently 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.