Shares of YASKAWA Electric Co. (OTCMKTS:YASKF – Get Free Report) were up 5.9% on Tuesday. The stock traded as high as $29.3750 and last traded at $29.3750. 479 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 590 shares. The stock had previously closed at $27.75.
YASKAWA Electric Stock Performance
The business’s fifty day moving average is $31.61 and its 200-day moving average is $36.23.
YASKAWA Electric Company Profile
Yaskawa Electric Corporation is a Japan-based manufacturer of motion control and industrial automation equipment. The company develops products designed to control the movement, speed, and precision of machinery, serving manufacturers and other industrial customers worldwide.
Its product portfolio includes AC drives and other drive systems, servo motors and controllers, motion-control systems, industrial robots, and automation solutions. Yaskawa’s robotics business supplies robots for applications such as welding, assembly, material handling, painting, and other manufacturing processes, while its motion-control products are used in equipment ranging from factory machinery to semiconductor and electronic-component production systems.
Founded in 1915, Yaskawa has expanded from its origins as an electrical equipment manufacturer into a global automation company.
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