Yaskawa Electric (OTCMKTS:YASKY) Sees Strong Trading Volume – Still a Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) saw unusually-high trading volume on Thursday . 34,728 shares were traded during mid-day trading, an increase of 195% from the previous session’s volume of 11,775 shares.The stock last traded at $67.00 and had previously closed at $67.74.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Jefferies Financial Group raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Yaskawa Electric Trading Down 1.1%

The company has a market cap of $8.69 billion, a PE ratio of 39.41 and a beta of 1.47. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of $77.82 and a two-hundred day simple moving average of $70.79.

Yaskawa Electric (OTCMKTS:YASKY) last released its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. The firm had revenue of $875.77 million 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 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.