Yaskawa Electric (OTCMKTS:YASKY) Trading Up 4.6% – Time to Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price traded up 4.6% during trading on Wednesday . The company traded as high as $64.18 and last traded at $64.17. 548 shares traded hands during trading, a decline of 97% from the average session volume of 21,100 shares. The stock had previously closed at $61.3445.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Nomura Securities raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a research report on Monday, October 13th. Deutsche Bank Aktiengesellschaft raised shares of Yaskawa Electric to a “buy” rating in a research note on Monday, November 24th. Zacks Research raised shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. Finally, UBS Group raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

Yaskawa Electric Stock Down 0.1%

The firm has a 50-day moving average of $54.56 and a two-hundred day moving average of $46.74. The company has a quick ratio of 1.22, a current ratio of 2.26 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $8.27 billion, a PE ratio of 21.33 and a beta of 1.04.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, October 3rd. The technology company reported $0.59 EPS for the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.72%.The company had revenue of $914.02 million for the quarter. Equities research analysts predict that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal year.

Yaskawa Electric Company Profile

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.