Yaskawa Electric (OTCMKTS:YASKY) Sees Strong Trading Volume – Still a Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares saw strong trading volume on Tuesday . Approximately 52,349 shares were traded during mid-day trading, an increase of 350% from the previous session’s volume of 11,627 shares.The stock last traded at $55.30 and had previously closed at $55.44.

Yaskawa Electric Price Performance

The company’s 50 day simple moving average is $64.24 and its 200 day simple moving average is $69.84. The company has a market capitalization of $7.17 billion, a PE ratio of 32.52 and a beta of 1.47. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.25 and a quick ratio of 1.21.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.The business had revenue of $875.77 million during the quarter.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan-based industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.