Yaskawa Electric (OTCMKTS:YASKY) Hits New 1-Year High – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares hit a new 52-week high during trading on Saturday . The stock traded as high as $92.36 and last traded at $90.34, with a volume of 4824 shares traded. The stock had previously closed at $85.03.

Wall Street Analyst Weigh In

Several research analysts have commented on YASKY shares. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Yaskawa Electric Trading Up 6.2%

The business has a 50 day moving average of $66.58 and a two-hundred day moving average of $62.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.36 and a current ratio of 2.47. The firm has a market capitalization of $11.71 billion, a price-to-earnings ratio of 49.91 and a beta of 1.37.

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

About Yaskawa Electric

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.