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

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up before the market opened on Friday. The stock had previously closed at $59.43, but opened at $63.1650. Yaskawa Electric shares last traded at $63.51, with a volume of 1,828 shares changing hands.

Yaskawa Electric Trading Up 6.9%

The firm has a market cap of $8.24 billion, a price-to-earnings ratio of 37.36 and a beta of 1.51. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The firm’s 50-day moving average is $60.86 and its 200-day moving average is $69.59.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, October 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.