Yaskawa Electric (OTCMKTS:YASKY) Hits New 52-Week High – What’s Next?

by · The Cerbat Gem

Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $62.7160 and last traded at $62.7160, with a volume of 2812 shares changing hands. The stock had previously closed at $61.05.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on Yaskawa Electric

Yaskawa Electric Stock Performance

The stock has a market capitalization of $8.03 billion, a price-to-earnings ratio of 20.70 and a beta of 1.04. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 2.26. The stock has a fifty day simple moving average of $52.45 and a two-hundred day simple moving average of $46.15.

Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last issued its earnings results on Friday, October 3rd. The technology company reported $0.59 earnings per share for the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.72%.The business had revenue of $914.02 million during the quarter. Analysts forecast that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal year.

Yaskawa Electric Company Profile

(Get Free Report)

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.

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