Yaskawa Electric (OTCMKTS:YASKY) Sees Large Volume Increase - Here's What Happened

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) saw strong trading volume on Wednesday . 93,024 shares traded hands during mid-day trading, an increase of 220% from the previous session's volume of 29,090 shares.The stock last traded at $45.29 and had previously closed at $45.03.

Yaskawa Electric Trading Up 0.5%

The company has a quick ratio of 1.43, a current ratio of 2.58 and a debt-to-equity ratio of 0.16. The stock's 50 day moving average is $43.43 and its 200-day moving average is $49.98. The company has a market cap of $5.87 billion, a PE ratio of 15.50 and a beta of 1.06.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last released its quarterly earnings results on Friday, April 4th. The technology company reported $0.58 EPS for the quarter. The company had revenue of $935.09 million during the quarter, compared to analyst estimates of $998.44 million. Yaskawa Electric had a return on equity of 13.65% and a net margin of 10.72%. As a group, sell-side analysts anticipate that Yaskawa Electric Corp. will post 3.02 EPS for the current year.

Yaskawa Electric Company Profile

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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