Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Still a Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up prior to trading on Wednesday . The stock had previously closed at $84.19, but opened at $90.3770. Yaskawa Electric shares last traded at $88.53, with a volume of 2,239 shares.

Analyst Ratings Changes

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

Yaskawa Electric Stock Down 2.0%

The company’s 50 day moving average price is $72.51 and its 200 day moving average price is $65.20. The company has a quick ratio of 1.36, a current ratio of 2.47 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $11.26 billion, a price-to-earnings ratio of 47.97 and a beta of 1.44.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 EPS for the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%. The business had revenue of $941.89 million during the quarter.

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.