Yaskawa Electric (OTCMKTS:YASKY) Sees Large Volume Increase – Here’s What Happened

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) saw an uptick in trading volume on Friday. Approximately 20,153 shares traded hands during mid-day trading, an increase of 70% from the previous session’s volume of 11,847 shares. The stock last traded at $62.52 and had previously closed at $59.89.

Yaskawa Electric Stock Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 2.25 and a quick ratio of 1.21. The stock has a market cap of $8.05 billion, a price-to-earnings ratio of 36.53 and a beta of 1.51. The company’s fifty day simple moving average is $60.67 and its two-hundred day simple moving average is $69.40.

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

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.