YASKAWA Electric (OTCMKTS:YASKY) Share Price Crosses Below 200-Day Moving Average – Here’s Why

YASKAWA Electric Co. (OTCMKTS:YASKY) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $56.42 and traded as low as $49.34. YASKAWA Electric shares last traded at $50.07, with a volume of 21,280 shares traded.

YASKAWA Electric Stock Performance

The company’s 50-day simple moving average is $54.91 and its 200-day simple moving average is $56.20. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 13.29 and a beta of 1.07. The company has a current ratio of 2.41, a quick ratio of 1.27 and a debt-to-equity ratio of 0.14.

YASKAWA Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, January 10th. The technology company reported $1.45 earnings per share for the quarter. YASKAWA Electric had a net margin of 11.36% and a return on equity of 14.92%. On average, analysts expect that YASKAWA Electric Co. will post 3.02 EPS 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.