Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $39.58, but opened at $44.37. Yaskawa Electric shares last traded at $44.37, with a volume of 131 shares traded.
Analyst Ratings Changes
Separately, The Goldman Sachs Group downgraded Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th.
Check Out Our Latest Report on Yaskawa Electric
Yaskawa Electric Price Performance
The firm has a 50 day simple moving average of $43.95 and a 200-day simple moving average of $48.11. The company has a quick ratio of 1.22, a current ratio of 2.24 and a debt-to-equity ratio of 0.14. The company has a market cap of $5.72 billion, a PE ratio of 15.59 and a beta of 1.04.
Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last issued its quarterly earnings results on Friday, July 4th. The technology company reported $0.37 earnings per share for the quarter. Yaskawa Electric had a return on equity of 12.90% and a net margin of 10.37%. The business had revenue of $869.63 million for the quarter. As a group, research analysts predict that Yaskawa Electric Corp. 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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