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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $85.3750, but opened at $91.47. Yaskawa Electric shares last traded at $92.45, with a volume of 1,020 shares.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on YASKY. Citigroup upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Yaskawa Electric Trading Up 8.2%

The stock’s 50 day moving average is $83.17 and its 200-day moving average is $69.63. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market cap of $11.98 billion, a P/E ratio of 51.02 and a beta of 1.44.

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

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.