Yaskawa Electric (OTCMKTS:YASKY) Sees Large Volume Increase – Here’s Why

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares saw an uptick in trading volume on Tuesday . Approximately 52,349 shares changed hands during trading, an increase of 350% from the previous session’s volume of 11,627 shares.The stock last traded at $55.30 and had previously closed at $55.44.

Yaskawa Electric Stock Down 0.3%

The company has a quick ratio of 1.21, a current ratio of 2.25 and a debt-to-equity ratio of 0.12. The business has a 50-day simple moving average of $63.18 and a two-hundred day simple moving average of $69.64. The company has a market cap of $7.24 billion, a price-to-earnings ratio of 32.85 and a beta of 1.47.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings results on Friday, July 10th. The technology company reported $0.26 EPS for the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.The company had revenue of $875.77 million for the quarter.

Yaskawa Electric Company Profile

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.