Yaskawa Electric (OTCMKTS:YASKY) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $64.54 and traded as high as $70.49. Yaskawa Electric shares last traded at $70.01, with a volume of 11,398 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

The firm’s 50 day moving average price is $64.54 and its two-hundred day moving average price is $54.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.14 and a quick ratio of 1.16. The stock has a market cap of $9.08 billion, a PE ratio of 36.65 and a beta of 1.02.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings results on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. The company had revenue of $892.43 million for the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.18%. On average, research analysts expect that Yaskawa Electric Corp. will post 3.02 earnings per share for the current year.

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.