Yaskawa Electric (OTCMKTS:YASKY) Stock Price Up 14.7% After Analyst Upgrade

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s share price shot up 14.7% during mid-day trading on Monday after Citigroup upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $85.9550 and last traded at $85.9550. 836 shares changed hands during trading, a decline of 93% from the average session volume of 11,511 shares. The stock had previously closed at $74.95.

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

Yaskawa Electric Price Performance

The company has a quick ratio of 1.36, a current ratio of 2.47 and a debt-to-equity ratio of 0.13. The stock’s 50-day moving average price is $62.46 and its 200 day moving average price is $61.33. The firm has a market cap of $11.38 billion, a price-to-earnings ratio of 48.48 and a beta of 1.37.

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

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.