Yaskawa Electric (OTCMKTS:YASKY) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $64.54 and traded as high as $70.49. Yaskawa Electric shares last traded at $70.01, with a volume of 11,398 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Yaskawa Electric Stock Performance

The firm has a market cap of $9.08 billion, a PE ratio of 36.65 and a beta of 1.02. The company has a quick ratio of 1.16, a current ratio of 2.14 and a debt-to-equity ratio of 0.10. The company has a 50-day simple moving average of $64.54 and a two-hundred day simple moving average of $54.62.

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 return on equity of 8.18% and a net margin of 6.86%. As a group, equities research analysts forecast that Yaskawa Electric Corp. will post 3.02 earnings per share 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.