Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 34,728 shares changed hands during mid-day trading, an increase of 195% from the previous session’s volume of 11,775 shares.The stock last traded at $67.00 and had previously closed at $67.74.
Analyst Ratings Changes
Several research firms recently issued reports on YASKY. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Yaskawa Electric currently has a consensus rating of “Buy”.
Read Our Latest Research Report on Yaskawa Electric
Yaskawa Electric Stock Performance
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last posted its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%. The firm had revenue of $875.77 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.
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