Yaskawa Electric (OTCMKTS:YASKY) Shares Up 10.9% – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price rose 10.9% during trading on Wednesday . The company traded as high as $70.52 and last traded at $69.2150. Approximately 445 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 11,690 shares. The stock had previously closed at $62.39.

Analyst Ratings Changes

Several research firms have issued reports on YASKY. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Yaskawa Electric Trading Up 2.8%

The stock has a market capitalization of $8.89 billion, a PE ratio of 40.35 and a beta of 1.47. The stock’s 50 day moving average price is $78.25 and its 200-day moving average price is $70.77. The company has a quick ratio of 1.21, a current ratio of 2.25 and a debt-to-equity ratio of 0.12.

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

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.