Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares gapped up prior to trading on Friday . The stock had previously closed at $59.35, but opened at $68.30. Yaskawa Electric shares last traded at $68.20, with a volume of 3,454 shares traded.

Yaskawa Electric Stock Up 15.0%

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 firm has a market capitalization of $8.84 billion, a P/E ratio of 35.71 and a beta of 1.12. The company’s 50-day simple moving average is $61.36 and its two-hundred day simple moving average is $58.08.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, January 9th. The technology company reported $0.37 earnings per share 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 for the quarter. As a group, 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.