Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Update

Yaskawa Electric Corp. (OTCMKTS:YASKY) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 14,800 shares, an increase of 179.2% from the September 30th total of 5,300 shares. Based on an average daily volume of 33,800 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 33,800 shares, the short-interest ratio is currently 0.4 days.

Yaskawa Electric Stock Performance

Yaskawa Electric stock opened at $55.32 on Friday. The company’s 50-day moving average price is $46.98 and its 200-day moving average price is $44.35. Yaskawa Electric has a twelve month low of $36.11 and a twelve month high of $62.71. The company has a quick ratio of 1.22, a current ratio of 2.26 and a debt-to-equity ratio of 0.11. The company has a market cap of $7.17 billion, a PE ratio of 18.50 and a beta of 1.11.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings results on Friday, October 3rd. The technology company reported $0.59 EPS for the quarter. The company had revenue of $914.02 million for the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.12%. On average, equities research analysts forecast that Yaskawa Electric will post 3.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on YASKY shares. Zacks Research upgraded shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. Nomura Securities upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Finally, UBS Group upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Yaskawa Electric currently has an average rating of “Buy”.

About Yaskawa Electric

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.