Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Time to Buy?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up before the market opened on Wednesday . The stock had previously closed at $50.55, but opened at $54.76. Yaskawa Electric shares last traded at $54.68, with a volume of 5,885 shares trading hands.

Yaskawa Electric Stock Performance

The company has a fifty day moving average price of $62.67 and a two-hundred day moving average price of $57.62. 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 company has a market capitalization of $7.16 billion, a P/E ratio of 28.93 and a beta of 1.00.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, January 9th. The technology company reported $0.37 earnings per share (EPS) for the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.18%. The business had revenue of $892.43 million during the quarter. Equities analysts forecast that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal 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.