YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Large Drop in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 6,700 shares, a decline of 35.0% from the November 30th total of 10,300 shares. Based on an average daily volume of 62,300 shares, the days-to-cover ratio is currently 0.1 days.

YASKAWA Electric Price Performance

YASKAWA Electric stock opened at $50.77 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.44 and a quick ratio of 1.32. The stock’s 50 day moving average is $54.40 and its 200 day moving average is $62.85. YASKAWA Electric has a one year low of $49.22 and a one year high of $92.51. The firm has a market cap of $6.77 billion, a P/E ratio of 22.46 and a beta of 1.07.

YASKAWA Electric (OTCMKTS:YASKY) last announced its quarterly earnings results on Friday, October 4th. The technology company reported $0.43 earnings per share (EPS) for the quarter. YASKAWA Electric had a return on equity of 10.90% and a net margin of 8.11%. The business had revenue of $840.09 million for the quarter. As a group, research analysts expect that YASKAWA Electric will post 3.26 EPS for the current 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.