Yaskawa Electric (OTCMKTS:YASKY) Reaches New 52-Week High – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares reached a new 52-week high during trading on Monday . The stock traded as high as $95.90 and last traded at $95.90, with a volume of 379 shares traded. The stock had previously closed at $87.11.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Yaskawa Electric Price Performance

The stock has a market capitalization of $11.32 billion, a price-to-earnings ratio of 48.25 and a beta of 1.44. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.36 and a current ratio of 2.47. The company has a 50 day moving average of $80.00 and a 200 day moving average of $68.28.

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

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.