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

Key Points

• Yaskawa Electric shares gapped down from $44.14 to $42.50 ahead of trading on Wednesday, with a trading volume of 170 shares.
• Recent analyst activity includes a downgrade from Goldman Sachs from "strong-buy" to "hold," while Zacks upgraded their rating from "strong sell" to "hold."
• The company reported a quarterly earnings per share of $0.37 and revenue of $869.63 million, with expectations for an EPS of 3.02 for the current year.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s share price gapped down prior to trading on Wednesday . The stock had previously closed at $44.14, but opened at $42.50. Yaskawa Electric shares last traded at $42.50, with a volume of 170 shares traded.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Zacks Research upgraded Yaskawa Electric from a "strong sell" rating to a "hold" rating in a research report on Thursday, September 18th. The Goldman Sachs Group lowered shares of Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Yaskawa Electric Price Performance

The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 15.02 and a beta of 1.04. The stock's fifty day moving average price is $41.45 and its two-hundred day moving average price is $43.84. The company has a current ratio of 2.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.14.

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. The company had revenue of $869.63 million for the quarter. Yaskawa Electric had a net margin of 10.37% and a return on equity of 12.90%. Equities research analysts expect that Yaskawa Electric Corp. will post 3.02 EPS for the current 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.

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