Short Interest in YASKAWA Electric Co. (OTCMKTS:YASKY) Decreases By 44.0%

YASKAWA Electric Co. (OTCMKTS:YASKY) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 1,400 shares, a decline of 44.0% from the May 15th total of 2,500 shares. Based on an average daily volume of 15,300 shares, the days-to-cover ratio is currently 0.1 days.

YASKAWA Electric Trading Down 1.8 %

Shares of YASKAWA Electric stock opened at $75.35 on Friday. YASKAWA Electric has a twelve month low of $64.93 and a twelve month high of $96.40. The company has a current ratio of 2.41, a quick ratio of 1.31 and a debt-to-equity ratio of 0.13. The company has a 50-day simple moving average of $80.65 and a two-hundred day simple moving average of $80.06.

YASKAWA Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, April 5th. The technology company reported $0.83 earnings per share for the quarter. YASKAWA Electric had a net margin of 8.79% and a return on equity of 13.09%. The business had revenue of $1.03 billion during the quarter. Equities research analysts predict that YASKAWA Electric will post 2.58 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.