Fanuc (OTCMKTS:FANUF) Trading Down 5% – Time to Sell?

Fanuc Co. (OTCMKTS:FANUF)’s stock price traded down 5% on Monday . The company traded as low as C$39.46 and last traded at C$39.97. 1,402 shares were traded during trading, a decline of 69% from the average session volume of 4,503 shares. The stock had previously closed at C$42.07.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on FANUF shares. HSBC cut shares of Fanuc to a “hold” rating in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft downgraded Fanuc to a “hold” rating in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Fanuc Stock Down 5.0%

The business’s 50 day moving average price is C$40.74 and its 200 day moving average price is C$34.56.

Fanuc Company Profile

FANUC Corporation is a Japan-based industrial automation company specializing in the design, development and manufacture of factory automation equipment. The company’s core offerings include computer numerical control (CNC) systems, industrial robots, and wire‐cut electrical discharge machines, all of which are used to enhance productivity and precision in manufacturing environments.

FANUC’s product portfolio encompasses articulated robots for assembly and material handling, collaborative robots for safe human–machine interaction, and high-precision CNC controls for milling and turning operations.