Yaskawa Electric (OTCMKTS:YASKY) Hits New 1-Year High – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $65.2480 and last traded at $65.2480, with a volume of 592 shares traded. The stock had previously closed at $64.3160.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on YASKY shares. Nomura Securities raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. Zacks Research upgraded shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. UBS Group upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. Two 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 company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Yaskawa Electric Trading Down 1.6%

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.26 and a quick ratio of 1.22. The stock’s 50-day moving average is $56.71 and its two-hundred day moving average is $48.72. The company has a market cap of $8.15 billion, a P/E ratio of 21.02 and a beta of 1.01.

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.