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 report released on Tuesday,Zacks.com reports.
Yaskawa Electric Stock Performance
YASKY traded up $0.83 during trading on Tuesday, reaching $40.45. 11,741 shares of the company's stock were exchanged, compared to its average volume of 28,100. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.58 and a quick ratio of 1.43. Yaskawa Electric has a 1 year low of $36.11 and a 1 year high of $74.25. The company's fifty day simple moving average is $44.65 and its 200-day simple moving average is $48.95. The stock has a market capitalization of $5.25 billion, a P/E ratio of 14.29 and a beta of 1.04.
Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last released its quarterly earnings data on Friday, July 4th. The technology company reported $0.37 earnings per share for the quarter. Yaskawa Electric had a net margin of 10.37% and a return on equity of 13.12%. The firm had revenue of $869.63 million for the quarter. As a group, research analysts predict that Yaskawa Electric will post 3.02 earnings per share for the current fiscal 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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