Yaskawa Electric (OTCMKTS:YASKY) Trading Up 14.7% – Here’s Why

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) were up 14.7% during mid-day trading on Monday . The company traded as high as $85.9550 and last traded at $85.9550. Approximately 836 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 11,511 shares. The stock had previously closed at $74.95.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Yaskawa Electric presently has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

The stock has a 50 day simple moving average of $61.55 and a two-hundred day simple moving average of $60.77. The firm has a market cap of $11.22 billion, a PE ratio of 47.79 and a beta of 1.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.36 and a current ratio of 2.47.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The business had revenue of $941.89 million during the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.

About Yaskawa Electric

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.