Yaskawa Electric (OTCMKTS:YASKY) Sees Large Volume Increase – Still a Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) saw strong trading volume on Friday. Approximately 20,153 shares traded hands during trading, an increase of 70% from the previous session’s volume of 11,847 shares. The stock last traded at $62.52 and had previously closed at $59.89.

Yaskawa Electric Price Performance

The firm’s 50 day moving average price is $60.67 and its two-hundred day moving average price is $69.40. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.25 and a quick ratio of 1.21. The stock has a market cap of $8.05 billion, a PE ratio of 36.53 and a beta of 1.51.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, July 10th. The technology company reported $0.26 earnings per share (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.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.