Yaskawa Electric (OTCMKTS:YASKY) Sets New 52-Week High – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) reached a new 52-week high during trading on Monday . The company traded as high as $95.90 and last traded at $95.90, with a volume of 379 shares changing hands. The stock had previously closed at $87.11.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on YASKY shares. 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. Citigroup upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Yaskawa Electric Trading Up 4.7%

The stock has a market cap of $12.37 billion, a P/E ratio of 52.70 and a beta of 1.44. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $78.84 and a two-hundred day moving average price of $67.76.

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

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.