Yaskawa Electric (OTCMKTS:YASKY) Shares Pass Above 50 Day Moving Average – Time to Sell?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $55.91 and traded as high as $59.7650. Yaskawa Electric shares last traded at $58.81, with a volume of 5,599 shares changing hands.

Analyst Ratings Changes

YASKY has been the topic of a number of recent research reports. The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a report on Monday, October 13th. Zacks Research raised shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. Nomura Securities upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Finally, UBS Group upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Yaskawa Electric Stock Up 1.6%

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.26 and a quick ratio of 1.22. The stock has a market cap of $7.75 billion, a price-to-earnings ratio of 19.99 and a beta of 1.04. The firm’s 50-day moving average is $55.98 and its 200 day moving average is $47.57.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings data on Friday, October 3rd. The technology company reported $0.59 earnings per share (EPS) for the quarter. The company had revenue of $914.02 million during the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.12%. Sell-side analysts anticipate that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal year.

Yaskawa Electric Company Profile

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.