Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) shares saw strong trading volume on Thursday. 37,855 shares changed hands during trading, an increase of 200% from the average daily volume of 12,621 shares. The stock last traded at $52.74 and had previously closed at $53.70.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group cut shares of Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Yaskawa Electric has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on YASKY
Yaskawa Electric Trading Down 1.6%
The stock has a market capitalization of $6.85 billion, a PE ratio of 30.03 and a beta of 1.51. The firm has a 50-day moving average price of $57.88 and a 200-day moving average price of $67.08. The company has a current ratio of 2.42, a quick ratio of 1.31 and a debt-to-equity ratio of 0.13.
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last posted its earnings results on Friday, October 9th. The technology company reported $0.65 earnings per share for the quarter. The business had revenue of $912.69 million during the quarter. Yaskawa Electric had a return on equity of 7.19% and a net margin of 6.32%.
About Yaskawa Electric
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.
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