Yaskawa Electric (OTCMKTS:YASKY) Stock Passes Above Fifty Day Moving Average - What's Next?

Key Points

• Price breakout: Yaskawa Electric's stock passed above its 50-day moving average of $61.15, trading as high as $70.77 and last at $70.34 on volume of 26,317 shares.
• Analyst sentiment improving: Jefferies upgraded the stock from "moderate sell" to "hold" on April 13, and the consensus from six analysts is mixed-to-positive (2 Strong Buy, 2 Buy, 2 Hold) with an average rating of "Buy".
• Recent results and valuation: the company reported quarterly EPS of $0.48 and revenue of $941.9 million; market cap is $9.12 billion with a PE of 38.86, a current ratio of 2.47 and low debt-to-equity of 0.13.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $61.15 and traded as high as $70.77. Yaskawa Electric shares last traded at $70.34, with a volume of 26,317 shares changing hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded Yaskawa Electric from a "moderate sell" rating to a "hold" rating in a research report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy".

Yaskawa Electric Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.47 and a quick ratio of 1.36. The company has a 50-day moving average price of $61.15 and a 200-day moving average price of $60.41. The firm has a market capitalization of $9.12 billion, a PE ratio of 38.86 and a beta of 1.37.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last released its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share for the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.The firm had revenue of $941.89 million for the quarter.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.

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