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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $59.76, but opened at $62.70. Yaskawa Electric shares last traded at $61.15, with a volume of 627 shares traded.

Analyst Ratings Changes

YASKY has been the subject of several research reports. Nomura Securities raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Zacks Research raised shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. The Goldman Sachs Group raised Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. Finally, UBS Group upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Yaskawa Electric Stock Up 2.5%

The stock has a market capitalization of $7.93 billion, a price-to-earnings ratio of 20.45 and a beta of 1.04. The firm’s 50 day simple moving average is $56.12 and its 200-day simple moving average is $47.79. The company has a current ratio of 2.26, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, October 3rd. The technology company reported $0.59 earnings per share for the quarter. The business had revenue of $914.02 million for the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.12%. Equities analysts expect that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal 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.