Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) was downgraded by stock analysts at The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a note issued to investors on Tuesday,Zacks.com reports.
Yaskawa Electric Trading Up 1.7%
Shares of OTCMKTS:YASKY traded up $0.68 during midday trading on Tuesday, reaching $40.30. The company had a trading volume of 12,008 shares, compared to its average volume of 25,056. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 2.58. Yaskawa Electric has a 1-year low of $36.11 and a 1-year high of $74.25. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of 14.24 and a beta of 1.04. The company has a fifty day simple moving average of $44.62 and a two-hundred day simple moving average of $48.88.
Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last released its quarterly earnings results on Friday, July 4th. The technology company reported $0.37 earnings per share for the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.37%. The business had revenue of $869.63 million during the quarter. Research analysts predict that Yaskawa Electric will post 3.02 earnings per share for the current year.
About Yaskawa Electric
(
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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.
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