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

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) saw unusually-strong trading volume on Monday. Approximately 26,804 shares traded hands during mid-day trading, an increase of 122% from the previous session’s volume of 12,093 shares. The stock last traded at $55.09 and had previously closed at $54.0150.

Yaskawa Electric Stock Up 2.1%

The stock has a market cap of $7.15 billion, a PE ratio of 31.33 and a beta of 1.51. 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 company has a 50 day moving average price of $60.10 and a two-hundred day moving average price of $69.80.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings results on Friday, October 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.20%. The firm had revenue of $912.69 million for the quarter.

Yaskawa Electric Company Profile

Yaskawa Electric Corp. 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 through operations and sales networks across Asia, the Americas, Europe and other regions.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial controllers and related automation equipment.