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

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) gapped down before the market opened 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 trading hands.

Yaskawa Electric Stock Down 2.6%

The stock's fifty day simple moving average is $44.74 and its 200-day simple moving average is $49.09. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.58 and a quick ratio of 1.43. The stock has a market cap of $4.91 billion, a P/E ratio of 13.39 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 earnings per share (EPS) for the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.37%. The firm had revenue of $869.63 million for the quarter. On average, research analysts anticipate that Yaskawa Electric Corp. will post 3.02 earnings per share for the current year.

About Yaskawa Electric

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.