Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Time to Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up prior to trading on Wednesday . The stock had previously closed at $50.55, but opened at $54.76. Yaskawa Electric shares last traded at $54.68, with a volume of 5,885 shares trading hands.

Yaskawa Electric Stock Up 5.4%

The company has a debt-to-equity ratio of 0.10, a current ratio of 2.14 and a quick ratio of 1.16. The company has a market capitalization of $7.16 billion, a P/E ratio of 28.93 and a beta of 1.00. The stock has a 50-day moving average price of $62.67 and a 200-day moving average price of $57.62.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. The company had revenue of $892.43 million for the quarter. Yaskawa Electric had a return on equity of 8.18% and a net margin of 6.86%. On average, research analysts predict 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.