Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Down - Here's Why

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $67.3355, but opened at $64.66. Yaskawa Electric shares last traded at $64.8560, with a volume of 1,626 shares trading hands.Get Yaskawa Electric alerts:Analysts Set New Price TargetsSeparately, Jefferies Financial Group upgraded shares of Yaskawa Electric from a "moderate sell" rating to a "hold" rating in a report on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Yaskawa Electric presently has a consensus rating of "Buy".Get Our Latest Report on Yaskawa ElectricYaskawa Electric Stock Up 1.5%The company has a current ratio of 2.47, a quick ratio of 1.16 and a debt-to-equity ratio of 0.13. The company has a market cap of $8.49 billion, a price-to-earnings ratio of 36.18 and a beta of 1.12. The firm's fifty day simple moving average is $61.23 and its 200 day simple moving average is $59.72. Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last posted its quarterly earnings results on Friday, April 10th. The technology company reported $0.48 EPS for the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%. The company had revenue of $941.89 million during the quarter. About Yaskawa Electric (Get Free Report)Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes. Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.See AlsoFive stocks we like better than Yaskawa ElectricThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Yaskawa Electric Right Now?Before you consider Yaskawa Electric, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yaskawa Electric wasn't on the list.While Yaskawa Electric currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here