YASKAWA Electric Co. (OTCMKTS:YASKY) Short Interest Down 35.0% in December

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

YASKAWA Electric Price Performance

YASKAWA Electric stock opened at $50.77 on Friday. The company’s 50 day simple moving average is $54.24 and its 200-day simple moving average is $62.67. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.32 and a current ratio of 2.44. YASKAWA Electric has a 1 year low of $49.22 and a 1 year high of $92.51. The company has a market capitalization of $6.77 billion, a price-to-earnings ratio of 22.46 and a beta of 1.07.

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