Yaskawa Electric (OTCMKTS:YASKY) Sees Large Volume Increase - Should You Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 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.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th.

Yaskawa Electric Trading Down 1.7%

The stock has a market cap of $5.01 billion, a price-to-earnings ratio of 13.65 and a beta of 1.04. The company has a quick ratio of 1.43, a current ratio of 2.24 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average of $44.26 and a 200-day moving average of $48.47.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last posted its earnings results on Friday, July 4th. The technology company reported $0.37 earnings per share for the quarter. Yaskawa Electric had a return on equity of 12.90% and a net margin of 10.37%. The company had revenue of $869.63 million for the quarter. As a group, research analysts forecast that Yaskawa Electric Corp. will post 3.02 earnings per share 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.