YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Significant Growth in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 30,300 shares, an increase of 352.2% from the December 15th total of 6,700 shares. Based on an average trading volume of 86,600 shares, the short-interest ratio is presently 0.3 days.

YASKAWA Electric Stock Performance

OTCMKTS:YASKY traded down $2.04 during trading hours on Monday, reaching $52.60. The company had a trading volume of 22,852 shares, compared to its average volume of 36,542. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.44 and a quick ratio of 1.32. YASKAWA Electric has a 1-year low of $49.22 and a 1-year high of $92.51. The business’s 50 day moving average price is $53.38 and its 200-day moving average price is $60.96. The firm has a market cap of $7.01 billion, a PE ratio of 23.27 and a beta of 1.07.

YASKAWA Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, January 10th. The technology company reported $1.45 EPS for the quarter. YASKAWA Electric had a net margin of 8.11% and a return on equity of 10.90%. Research analysts forecast that YASKAWA Electric will post 3.26 EPS for the current 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.