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

Yaskawa Electric logo with Computer and Technology background

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $43.69 and traded as high as $43.90. Yaskawa Electric shares last traded at $43.50, with a volume of 39,676 shares traded.

Yaskawa Electric Trading Up 0.6%

The company has a current ratio of 2.58, a quick ratio of 1.43 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average of $43.69 and a 200-day moving average of $49.76. The stock has a market cap of $5.67 billion, a PE ratio of 14.98 and a beta of 1.06.

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

Yaskawa Electric Company Profile

(Get Free Report)

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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