Yaskawa Electric (OTCMKTS:YASKY) Sees Strong Trading Volume – Time to Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) saw unusually-high trading volume on Monday. Approximately 26,804 shares changed hands during mid-day trading, an increase of 122% from the previous session’s volume of 12,093 shares. The stock last traded at $55.09 and had previously closed at $54.0150.

Yaskawa Electric Price Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 2.25. The firm has a market capitalization of $6.88 billion, a P/E ratio of 31.47 and a beta of 1.51. The stock’s 50 day simple moving average is $59.59 and its 200 day simple moving average is $69.81.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.20%. The business had revenue of $912.69 million for the quarter.

Yaskawa Electric Company Profile

Yaskawa Electric Corp. 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 through operations and sales networks across Asia, the Americas, Europe and other regions.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial controllers and related automation equipment.