Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 59,545 shares were traded during trading, an increase of 112% from the previous session's volume of 28,104 shares.The stock last traded at $38.28 and had previously closed at $39.37.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group lowered shares of Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th.
Read Our Latest Stock Analysis on Yaskawa Electric
Yaskawa Electric Stock Up 1.3%
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 company has a market capitalization of $5.09 billion, a PE ratio of 13.88 and a beta of 1.04. The business's 50 day simple moving average is $44.36 and its 200 day simple moving average is $48.64.
Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last posted its quarterly earnings data on Friday, July 4th. The technology company reported $0.37 EPS for the quarter. The company had revenue of $869.63 million during the quarter. Yaskawa Electric had a net margin of 10.37% and a return on equity of 13.12%. As a group, analysts forecast that Yaskawa Electric Corp. will post 3.02 EPS for the current year.
Yaskawa Electric Company Profile
(
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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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