Yaskawa Electric (OTCMKTS:YASKY) Stock Price Up 5% – Here’s What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY) shares rose 5% during trading on Monday. The stock traded as high as $63.23 and last traded at $62.40. 3,988 shares were traded during trading, a decline of 67% from the average session volume of 11,968 shares. The stock had previously closed at $59.43.

Yaskawa Electric Price Performance

The business’s 50 day simple moving average is $60.80 and its 200-day simple moving average is $69.72. 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 stock has a market capitalization of $7.95 billion, a price-to-earnings ratio of 34.84 and a beta of 1.51.

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

Yaskawa Electric Company Profile

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.