Yokogawa Electric (OTCMKTS:YOKEY) Trading 8% Higher – Still a Buy?

Shares of Yokogawa Electric Co. (OTCMKTS:YOKEYGet Free Report) were up 8% during trading on Wednesday . The company traded as high as $68.0550 and last traded at $68.0550. Approximately 672 shares traded hands during mid-day trading, an increase of 73% from the average daily volume of 388 shares. The stock had previously closed at $63.00.

Yokogawa Electric Trading Up 8.0%

The firm’s fifty day moving average is $65.82 and its 200-day moving average is $61.31.

About Yokogawa Electric

(Get Free Report)

Yokogawa Electric Corporation, headquartered in Tokyo, Japan, is a longstanding provider of industrial automation, process control and precision measurement solutions. Established in 1915, the company has built a global reputation for innovation in test and measurement instrumentation. Its American Depositary Receipts trade on the OTC Markets under the symbol YOKEY, reflecting its international reach and engagement with investors outside Japan.

The company’s core business activities encompass process automation systems, field instruments, control devices and advanced analytics software.

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