Yaskawa Electric (OTCMKTS:YASKY) Hits New 52-Week High Following Analyst Upgrade

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price reached a new 52-week high during trading on Tuesday after Citigroup upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $86.4990 and last traded at $85.99, with a volume of 10067 shares changing hands. The stock had previously closed at $82.0690.

Separately, 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. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Yaskawa Electric Trading Up 1.9%

The business has a fifty day moving average of $62.89 and a 200-day moving average of $61.54. The stock has a market capitalization of $11.59 billion, a price-to-earnings ratio of 49.39 and a beta of 1.37. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.47 and a quick ratio of 1.36.

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

About Yaskawa Electric

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.