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

YASKAWA Electric Co. (OTCMKTS:YASKY) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 400 shares, a decline of 97.5% from the February 28th total of 16,100 shares. Based on an average daily volume of 36,600 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

YASKAWA Electric Stock Performance

Shares of YASKAWA Electric stock opened at $53.22 on Friday. The stock has a market cap of $6.90 billion, a price-to-earnings ratio of 16.79 and a beta of 1.07. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.27. YASKAWA Electric has a 1 year low of $49.22 and a 1 year high of $87.95. The firm’s 50-day moving average is $56.08 and its 200 day moving average is $56.78.

YASKAWA Electric (OTCMKTS:YASKY) last posted its quarterly earnings results on Friday, January 10th. The technology company reported $1.45 earnings per share for the quarter. YASKAWA Electric had a return on equity of 14.92% and a net margin of 11.36%. Sell-side analysts anticipate that YASKAWA Electric will post 3.02 EPS for the current fiscal 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.