Yaskawa Electric (OTCMKTS:YASKY) Stock Crosses Below 200-Day Moving Average - Here's Why

Key Points

• Yaskawa Electric's stock price has fallen below its 200-day moving average of $46.72, trading as low as $41.65, which raises potential concerns for investors.
• Goldman Sachs has downgraded Yaskawa Electric from a "strong-buy" to a "hold" rating, indicating a shift in market sentiment.
• The company reported earnings of $0.37 per share with revenue of $869.63 million for its last quarter, reflecting a net margin of 10.37% and a return on equity of 12.90%.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $46.72 and traded as low as $41.65. Yaskawa Electric shares last traded at $41.76, with a volume of 5,267 shares changing hands.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold".

Yaskawa Electric Trading Down 1.3%

The firm has a market cap of $5.22 billion, a P/E ratio of 14.23 and a beta of 1.06. The company has a 50 day moving average of $42.40 and a 200 day moving average of $46.26. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.22 and a current ratio of 2.24.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last announced its quarterly earnings results on Friday, July 4th. The technology company reported $0.37 EPS for the quarter. The business had revenue of $869.63 million during the quarter. Yaskawa Electric had a return on equity of 12.90% and a net margin of 10.37%. Analysts predict 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.