Yaskawa Electric (OTCMKTS:YASKY) Hits New 1-Year High – What’s Next?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares hit a new 52-week high during trading on Saturday . The company traded as high as $92.36 and last traded at $90.34, with a volume of 4824 shares. The stock had previously closed at $85.03.

Wall Street Analysts Forecast Growth

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

Yaskawa Electric Stock Up 6.2%

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 has a 50-day simple moving average of $66.58 and a 200-day simple moving average of $62.91. The firm has a market capitalization of $11.71 billion, a PE ratio of 49.91 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 (EPS) 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 during 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.