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

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up before the market opened on Monday. The stock had previously closed at $57.12, but opened at $58.94. Yaskawa Electric shares last traded at $56.50, with a volume of 16,413 shares trading hands.

Yaskawa Electric Trading Down 0.9%

The company has a market cap of $7.34 billion, a P/E ratio of 33.31 and a beta of 1.47. The business has a fifty day simple moving average of $61.10 and a 200 day simple moving average of $69.38. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 2.25.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share for the quarter. The business had revenue of $875.77 million during 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 industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.