Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Update

Yaskawa Electric Corp. (OTCMKTS:YASKY) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 3,531 shares, a decrease of 61.5% from the May 14th total of 9,182 shares. Based on an average daily trading volume, of 17,580 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Yaskawa Electric Stock Up 5.2%

YASKY opened at $76.97 on Friday. The firm has a 50-day simple moving average of $75.05 and a two-hundred day simple moving average of $66.24. Yaskawa Electric has a 52 week low of $37.53 and a 52 week high of $92.46. The company has a market capitalization of $9.98 billion, a PE ratio of 42.52 and a beta of 1.44. The company has a quick ratio of 1.36, a current ratio of 2.47 and a debt-to-equity ratio of 0.13.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on YASKY shares. Citigroup upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note 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 given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

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.