Yaskawa Electric (OTCMKTS:YASKY) Hits New 1-Year High – Should You Buy?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) reached a new 52-week high on Friday . The company traded as high as $62.7160 and last traded at $62.7160, with a volume of 2812 shares. The stock had previously closed at $61.05.

Wall Street Analyst Weigh In

YASKY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. UBS Group upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. 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, Nomura Securities upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Two research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Yaskawa Electric Stock Performance

The company’s 50 day simple moving average is $52.45 and its 200 day simple moving average is $46.15. The stock has a market cap of $8.03 billion, a PE ratio of 20.70 and a beta of 1.04. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 2.26.

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