Fanuc (OTCMKTS:FANUF) Trading Up 1% – What’s Next?

Fanuc Co. (OTCMKTS:FANUF) shares traded up 1% during trading on Tuesday . The company traded as high as C$32.50 and last traded at C$29.25. 2,551 shares traded hands during trading, a decline of 70% from the average session volume of 8,507 shares. The stock had previously closed at C$28.96.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft cut shares of Fanuc to a “hold” rating in a research note on Wednesday, November 5th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Fanuc Stock Performance

The company has a fifty day simple moving average of C$30.59 and a 200-day simple moving average of C$28.72.

About Fanuc

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.