Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Update
by Teresa Graham · The Cerbat GemYaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 9,182 shares, a decline of 85.8% from the April 30th total of 64,527 shares. Based on an average daily volume of 21,623 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are short sold.
Yaskawa Electric Price Performance
OTCMKTS YASKY opened at $91.14 on Friday. The business’s fifty day moving average price is $69.24 and its 200-day moving average price is $63.97. The stock has a market capitalization of $11.82 billion, a price-to-earnings ratio of 50.35 and a beta of 1.37. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.47 and a quick ratio of 1.36. Yaskawa Electric has a 1-year low of $37.53 and a 1-year high of $92.46.
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last released its quarterly earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. The firm had revenue of $941.89 million for the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on YASKY. Citigroup raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Three analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Yaskawa Electric presently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on YASKY
About Yaskawa Electric
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.