Yaskawa Electric (OTCMKTS:YASKY) Reaches New 12-Month High – Here’s Why

Yaskawa Electric Corp. (OTCMKTS:YASKY) reached a new 52-week high on Thursday . The company traded as high as $73.82 and last traded at $71.30, with a volume of 20695 shares changing hands. The stock had previously closed at $71.14.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

The stock has a market capitalization of $8.96 billion, a P/E ratio of 36.16 and a beta of 1.02. The company’s 50 day simple moving average is $63.62 and its two-hundred day simple moving average is $53.10. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.14 and a quick ratio of 1.16.

Yaskawa Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. The business had revenue of $892.43 million for the quarter. Yaskawa Electric had a return on equity of 8.18% and a net margin of 6.86%. As a group, equities analysts expect that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

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.