Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Time to Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $84.99, but opened at $89.46. Yaskawa Electric shares last traded at $89.46, with a volume of 366 shares traded.

Analyst Upgrades and Downgrades

YASKY has been the subject of a number of research reports. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note 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 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. According to data from MarketBeat, Yaskawa Electric has an average rating of “Buy”.

Yaskawa Electric Trading Up 2.4%

The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The firm has a market cap of $11.69 billion, a PE ratio of 49.82 and a beta of 1.44. The business has a fifty day moving average price of $82.46 and a 200 day moving average price of $69.32.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The firm 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%.

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.