Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down - Here's Why

Key Points

• Yaskawa Electric shares gapped down pre-market, opening at $64.66 after a $67.3355 close and last trading around $64.856 on light volume (~1,626 shares).
• Jefferies upgraded the stock from "moderate sell" to "hold" on April 13, and MarketBeat's consensus rating is a Buy (2 Strong Buy, 2 Buy, 2 Hold).
• The company reported quarterly EPS of $0.48 on $941.9M in revenue; valuation and financial metrics include a $8.49 billion market cap, P/E of 36.18, current ratio 2.47 and debt/equity 0.13.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $67.3355, but opened at $64.66. Yaskawa Electric shares last traded at $64.8560, with a volume of 1,626 shares trading hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded shares of Yaskawa Electric from a "moderate sell" rating to a "hold" rating in a report on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Yaskawa Electric presently has a consensus rating of "Buy".

Yaskawa Electric Stock Up 1.5%

The company has a current ratio of 2.47, a quick ratio of 1.16 and a debt-to-equity ratio of 0.13. The company has a market cap of $8.49 billion, a price-to-earnings ratio of 36.18 and a beta of 1.12. The firm's fifty day simple moving average is $61.23 and its 200 day simple moving average is $59.72.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last posted its quarterly earnings results on Friday, April 10th. The technology company reported $0.48 EPS for the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%. The company had revenue of $941.89 million during the quarter.

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.

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