Yaskawa Electric (OTCMKTS:YASKY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) saw unusually-high trading volume on Monday . 21,958 shares were traded during trading, an increase of 88% from the previous session’s volume of 11,680 shares.The stock last traded at $56.80 and had previously closed at $55.84.

Yaskawa Electric Trading Up 1.7%

The company has a debt-to-equity ratio of 0.12, a current ratio of 2.25 and a quick ratio of 1.21. The company has a market cap of $7.53 billion, a price-to-earnings ratio of 34.15 and a beta of 1.47. The business’s fifty day moving average price is $61.64 and its 200 day moving average price is $69.40.

Yaskawa Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share (EPS) for the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.The business had revenue of $875.77 million during the quarter.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan-based industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.