Fanuc (OTCMKTS:FANUY) Stock Crosses Above 200 Day Moving Average – What’s Next?

Fanuc Corp. (OTCMKTS:FANUY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.29 and traded as high as $18.77. Fanuc shares last traded at $18.69, with a volume of 354,906 shares.

Fanuc Trading Down 0.6%

The business’s fifty day simple moving average is $19.77 and its two-hundred day simple moving average is $18.29. The stock has a market capitalization of $36.72 billion, a P/E ratio of 32.22, a P/E/G ratio of 2.56 and a beta of 0.80.

Fanuc (OTCMKTS:FANUY) last issued its quarterly earnings results on Monday, January 26th. The industrial products company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). Fanuc had a net margin of 19.36% and a return on equity of 9.14%. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $210.35 billion. On average, equities research analysts anticipate that Fanuc Corp. will post 0.46 earnings per share for the current year.

About Fanuc

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.