Fanuc (OTCMKTS:FANUF) Trading Up 0.9% – Here’s Why

Fanuc Co. (OTCMKTS:FANUF)’s stock price rose 0.9% during mid-day trading on Friday . The company traded as high as C$41.15 and last traded at C$39.55. Approximately 95 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 4,445 shares. The stock had previously closed at C$39.19.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. HSBC downgraded shares of Fanuc to a “hold” rating in a report on Friday. Deutsche Bank Aktiengesellschaft cut shares of 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.com, Fanuc has an average rating of “Hold”.

Fanuc Trading Up 0.9%

The business has a fifty day moving average price of C$38.38 and a 200 day moving average price of C$32.78.

About Fanuc

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.