Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $73.19, but opened at $79.1650. Yaskawa Electric shares last traded at $80.05, with a volume of 531 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on YASKY shares. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three 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, the stock currently has an average rating of “Buy”.

Yaskawa Electric Stock Performance

The stock has a market cap of $10.40 billion, a PE ratio of 44.31 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. The firm has a 50 day moving average price of $75.56 and a 200 day moving average price of $66.33.

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