YASKAWA Electric (OTCMKTS:YASKY) Stock Price Crosses Above 50 Day Moving Average - Here's Why

Shares of YASKAWA Electric Co. (OTCMKTS:YASKY - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $43.07 and traded as high as $46.40. YASKAWA Electric shares last traded at $45.85, with a volume of 10,192 shares trading hands.

YASKAWA Electric Trading Up 0.2%

The company's 50 day simple moving average is $43.33 and its 200 day simple moving average is $50.01. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 14.33 and a beta of 1.06. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.27.

YASKAWA Electric (OTCMKTS:YASKY - Get Free Report) last released its earnings results on Friday, April 4th. The technology company reported $0.58 EPS for the quarter. YASKAWA Electric had a return on equity of 14.92% and a net margin of 11.36%. The firm had revenue of $935.09 million during the quarter, compared to analysts' expectations of $998.44 million. As a group, research analysts expect that YASKAWA Electric Co. will post 3.02 earnings per share for the current fiscal year.

About YASKAWA Electric

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.