YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Significant Growth in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 16,300 shares, a growth of 150.8% from the May 15th total of 6,500 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 30,500 shares, the short-interest ratio is presently 0.5 days.

YASKAWA Electric Price Performance

YASKAWA Electric stock opened at $45.34 on Friday. The firm’s 50-day moving average is $43.20 and its two-hundred day moving average is $50.07. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.27. YASKAWA Electric has a 12-month low of $36.11 and a 12-month high of $76.37. The stock has a market capitalization of $5.88 billion, a P/E ratio of 14.30 and a beta of 1.06.

YASKAWA Electric (OTCMKTS:YASKY) last released its earnings results on Friday, April 4th. The technology company reported $0.58 earnings per share (EPS) for the quarter. YASKAWA Electric had a net margin of 11.36% and a return on equity of 14.92%. The business had revenue of $935.09 million for the quarter, compared to analysts’ expectations of $998.44 million. Equities analysts predict that YASKAWA Electric will post 3.02 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.