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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $74.95, but opened at $81.32. Yaskawa Electric shares last traded at $81.00, with a volume of 6,976 shares traded.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Yaskawa Electric presently has an average rating of “Buy”.

Yaskawa Electric Trading Up 8.8%

The firm has a market cap of $10.57 billion, a PE ratio of 45.06 and a beta of 1.37. The company’s fifty day moving average price is $61.55 and its two-hundred day moving average price is $60.77. The company has a quick ratio of 1.36, a current ratio of 2.47 and a debt-to-equity ratio of 0.13.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The business had revenue of $941.89 million for the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%.

About Yaskawa Electric

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.