Yaskawa Electric (OTCMKTS:YASKY) Sees Strong Trading Volume – Time to Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares saw unusually-high trading volume on Monday . 21,958 shares traded hands during trading, an increase of 88% from the previous session’s volume of 11,680 shares.The stock last traded at $56.80 and had previously closed at $55.84.

Yaskawa Electric Price Performance

The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 33.43 and a beta of 1.47. The stock has a fifty day simple moving average of $62.14 and a 200-day simple moving average of $69.45. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12.

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 during the quarter.

About Yaskawa Electric

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.