Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Should You Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $84.19, but opened at $90.3770. Yaskawa Electric shares last traded at $88.53, with a volume of 2,239 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on YASKY. Citigroup raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group raised shares of 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 assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Yaskawa Electric Trading Up 5.2%

The company has a market cap of $11.48 billion, a price-to-earnings ratio of 48.93 and a beta of 1.44. The business’s fifty day moving average price is $70.60 and its 200 day moving average price is $64.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.47 and a quick ratio of 1.36.

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

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.