Yaskawa Electric (OTCMKTS:YASKY) Stock Passes Below 50 Day Moving Average - Should You Sell?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $44.67 and traded as low as $44.03. Yaskawa Electric shares last traded at $44.43, with a volume of 16,821 shares trading hands.

Yaskawa Electric Stock Performance

The firm has a market cap of $5.78 billion, a P/E ratio of 15.27 and a beta of 1.04. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 2.58. The stock's 50-day moving average is $44.78 and its 200 day moving average is $49.35.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last announced its quarterly earnings results on Friday, April 4th. The technology company reported $0.58 earnings per share (EPS) for the quarter. The company had revenue of $935.09 million during the quarter, compared to the consensus estimate of $998.44 million. Yaskawa Electric had a return on equity of 13.65% and a net margin of 10.72%. On average, research analysts predict 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.