Yaskawa Electric (OTCMKTS:YASKY) Shares Cross Above 50-Day Moving Average - Here's What Happened

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s share price crossed 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.

Yaskawa Electric Stock Up 1.4%

The company's 50 day simple moving average is $43.78 and its 200-day simple moving average is $49.69. The firm has a market capitalization of $5.75 billion, a PE ratio of 15.20 and a beta of 1.06. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 2.58.

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 (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%. On average, analysts forecast that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal 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.