YASKAWA Electric (OTCMKTS:YASKY) Stock Crosses Above Fifty Day Moving Average – Here’s Why

YASKAWA Electric Co. (OTCMKTS:YASKY)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $54.20 and traded as high as $58.33. YASKAWA Electric shares last traded at $56.15, with a volume of 13,554 shares traded.

YASKAWA Electric Trading Up 1.9 %

The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.27. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 17.38 and a beta of 1.07. The business’s 50 day moving average is $54.20 and its 200 day moving average is $58.36.

YASKAWA Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, January 10th. The technology company reported $1.45 earnings per share (EPS) for the quarter. YASKAWA Electric had a return on equity of 14.92% and a net margin of 11.36%. As a group, equities analysts expect that YASKAWA Electric Co. will post 3.02 earnings per share 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.