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

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up before the market opened on Monday. The stock had previously closed at $57.12, but opened at $58.94. Yaskawa Electric shares last traded at $56.50, with a volume of 16,413 shares.

Yaskawa Electric Stock Performance

The company has a market capitalization of $7.34 billion, a price-to-earnings ratio of 33.31 and a beta of 1.47. 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 stock has a 50-day simple moving average of $61.10 and a 200-day simple moving average of $69.38.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. The business had revenue of $875.77 million during the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan-based industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.