Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Should You Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares gapped up before the market opened on Friday . The stock had previously closed at $59.35, but opened at $68.30. Yaskawa Electric shares last traded at $68.20, with a volume of 3,454 shares traded.

Yaskawa Electric Trading Up 10.4%

The firm has a market capitalization of $8.49 billion, a P/E ratio of 36.17 and a beta of 1.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.16 and a current ratio of 2.14. The firm has a 50 day moving average price of $61.40 and a two-hundred day moving average price of $58.33.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The business had revenue of $941.89 million during the quarter. Yaskawa Electric had a return on equity of 8.18% and a net margin of 6.86%. On average, equities research analysts expect that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

Yaskawa Electric Company Profile

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.