Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Time to Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up prior to trading on Tuesday . The stock had previously closed at $84.99, but opened at $89.46. Yaskawa Electric shares last traded at $89.46, with a volume of 366 shares traded.

Wall Street Analyst Weigh In

A number of brokerages have commented on YASKY. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup raised 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 given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Yaskawa Electric Trading Up 1.3%

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 firm has a market capitalization of $11.36 billion, a P/E ratio of 48.41 and a beta of 1.44. The business has a 50 day moving average of $81.61 and a 200-day moving average of $68.96.

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