Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down - What's Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $44.64, but opened at $39.07. Yaskawa Electric shares last traded at $39.08, with a volume of 1,365 shares.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a report on Tuesday.

Yaskawa Electric Stock Down 0.4%

The company has a quick ratio of 1.43, a current ratio of 2.58 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $44.68 and a 200 day simple moving average of $49.02. The firm has a market capitalization of $5.14 billion, a P/E ratio of 14.00 and a beta of 1.04.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last released its earnings results on Friday, July 4th. The technology company reported $0.37 EPS 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 for the quarter. On average, equities analysts expect that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

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.