Fanuc (OTCMKTS:FANUY) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Shares of Fanuc Corp. (OTCMKTS:FANUY) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $17.76 and traded as high as $19.55. Fanuc shares last traded at $19.23, with a volume of 287,697 shares trading hands.

Fanuc Stock Down 2.3%

The stock has a market capitalization of $37.78 billion, a PE ratio of 33.16, a PEG ratio of 3.06 and a beta of 0.68. The firm has a 50 day moving average price of $20.81 and a 200-day moving average price of $17.76.

Fanuc (OTCMKTS:FANUY) last issued its earnings results on Monday, January 26th. The industrial products company reported $0.13 EPS 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 firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $210.35 billion. Equities analysts expect that Fanuc Corp. will post 0.46 earnings per share for the current fiscal year.

Fanuc Company Profile

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.