Yaskawa Electric (OTCMKTS:YASKY) Announces Quarterly Earnings Results

Yaskawa Electric (OTCMKTS:YASKY) announced its quarterly earnings results on Friday. The technology company reported $0.65 earnings per share for the quarter, Zacks reports. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%.

Yaskawa Electric Price Performance

Shares of OTCMKTS YASKY opened at $59.43 on Friday. The company has a fifty day moving average price of $60.86 and a 200 day moving average price of $69.59. The firm has a market cap of $7.71 billion, a PE ratio of 34.96 and a beta of 1.51. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. Yaskawa Electric has a 1-year low of $46.32 and a 1-year high of $96.17.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.