Yaskawa Electric (OTCMKTS:YASKY) Sets New 12-Month High – Here’s Why

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) hit a new 52-week high on Thursday . The stock traded as high as $73.82 and last traded at $71.30, with a volume of 20695 shares trading hands. The stock had previously closed at $71.14.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Yaskawa Electric has an average rating of “Buy”.

Yaskawa Electric Stock Performance

The stock’s 50 day moving average price is $63.32 and its 200 day moving average price is $52.82. The firm has a market cap of $9.25 billion, a PE ratio of 37.33 and a beta of 1.02. The company has a current ratio of 2.14, a quick ratio of 1.16 and a debt-to-equity ratio of 0.10.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. The business had revenue of $892.43 million for the quarter. Yaskawa Electric had a return on equity of 8.18% and a net margin of 6.86%. As a group, equities analysts forecast that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal year.

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.