YASKAWA Electric (OTCMKTS:YASKF) Shares Down 7% – Here’s Why

YASKAWA Electric Co. (OTCMKTS:YASKFGet Free Report)’s share price was down 7% during trading on Friday . The company traded as low as $26.98 and last traded at $26.98. Approximately 230 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 3,365 shares. The stock had previously closed at $29.00.

YASKAWA Electric Stock Performance

The firm has a fifty day moving average price of $33.11 and a 200 day moving average price of $36.41.

About YASKAWA Electric

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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.

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