YASKAWA Electric Co. (OTCMKTS:YASKY – Get Rating) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 2,800 shares, a drop of 91.3% from the April 30th total of 32,200 shares. Based on an average daily trading volume, of 74,000 shares, the short-interest ratio is presently 0.0 days.
Separately, Zacks Investment Research upgraded YASKAWA Electric from a “hold” rating to a “buy” rating and set a $79.00 price objective on the stock in a research report on Friday, April 22nd.
Shares of YASKY stock traded down $0.30 on Wednesday, reaching $66.97. The company’s stock had a trading volume of 19,541 shares, compared to its average volume of 18,045. The company has a quick ratio of 1.41, a current ratio of 2.12 and a debt-to-equity ratio of 0.14. YASKAWA Electric has a 12-month low of $62.87 and a 12-month high of $111.77. The company has a market capitalization of $8.93 billion, a P/E ratio of 31.00 and a beta of 1.39. The stock’s 50 day simple moving average is $71.88 and its 200-day simple moving average is $83.14.
YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.
- Get a free copy of the StockNews.com research report on YASKAWA Electric (YASKY)
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