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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $59.43, but opened at $63.1650. Yaskawa Electric shares last traded at $63.51, with a volume of 1,828 shares traded.

Yaskawa Electric Trading Up 6.9%

The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 2.25. The business has a fifty day moving average price of $60.86 and a 200 day moving average price of $69.59. The company has a market capitalization of $8.24 billion, a PE ratio of 37.36 and a beta of 1.51.

Yaskawa Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, October 9th. The technology company reported $0.65 earnings per share for the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.