YASKAWA Electric (OTCMKTS:YASKY) Shares Pass Above 50 Day Moving Average – Here’s Why

YASKAWA Electric Co. (OTCMKTS:YASKY)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $52.80 and traded as high as $56.25. YASKAWA Electric shares last traded at $56.16, with a volume of 14,562 shares.

YASKAWA Electric Stock Up 2.8 %

The company has a current ratio of 2.41, a quick ratio of 1.32 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of $52.80 and a 200 day moving average price of $60.15. The stock has a market capitalization of $7.82 billion, a P/E ratio of 19.03 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 return on equity of 14.92% and a net margin of 11.36%. On average, equities analysts expect that YASKAWA Electric Co. will post 3.26 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.