Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $44.42, but opened at $47.11. Yaskawa Electric shares last traded at $47.35, with a volume of 2,083 shares trading hands.

Analysts Set New Price Targets

Several analysts have commented on the stock. Zacks Research started coverage on shares of Yaskawa Electric in a research report on Friday, October 30th. They issued a “hold” rating for the company. The Goldman Sachs Group lowered shares of Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 20th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Yaskawa Electric has an average rating of “Moderate Buy”.

View Our Latest Report on Yaskawa Electric

Yaskawa Electric Trading Down 0.4%

The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 26.65 and a beta of 1.63. The company has a current ratio of 2.42, a quick ratio of 1.31 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average of $55.72 and a two-hundred day moving average of $66.43.

Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last announced its quarterly earnings results on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. Yaskawa Electric had a return on equity of 7.19% and a net margin of 6.32%. The company had revenue of $912.69 million for the quarter. On average, research analysts expect that Yaskawa Electric Corp. will post 2.31 EPS for the current year.

Yaskawa Electric Company Profile

(Get Free Report)

Yaskawa Electric Corporation is a Japanese manufacturer of industrial automation and control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves customers in manufacturing and other industries around the world. Its products include AC drives, servo motors and controllers, and industrial robots. Yaskawa also provides automation systems and related technologies designed to help businesses control machinery, improve production processes, and automate tasks such as material handling, welding, and assembly.

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