Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Should You Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $50.55, but opened at $54.76. Yaskawa Electric shares last traded at $54.68, with a volume of 5,885 shares trading hands.

Yaskawa Electric Trading Down 1.6%

The firm has a market capitalization of $6.96 billion, a P/E ratio of 28.11 and a beta of 1.12. The business’s 50 day moving average is $62.22 and its two-hundred day moving average is $57.57. The company has a quick ratio of 1.16, a current ratio of 2.14 and a debt-to-equity ratio of 0.10.

Yaskawa Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, January 9th. The technology company reported $0.37 earnings per share (EPS) for the quarter. The firm had revenue of $892.43 million during the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.18%. Analysts expect that Yaskawa Electric Corp. will post 3.02 EPS for the current year.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.