FANUC Co. (OTCMKTS:FANUY - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 41,600 shares, a growth of 225.0% from the April 30th total of 12,800 shares. Based on an average daily trading volume, of 725,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
FANUC Price Performance
OTCMKTS:FANUY traded down $0.36 during midday trading on Friday, reaching $13.32. The stock had a trading volume of 1,446,491 shares, compared to its average volume of 512,610. FANUC has a 1-year low of $10.54 and a 1-year high of $15.50. The firm's fifty day simple moving average is $12.81 and its 200-day simple moving average is $13.54. The stock has a market capitalization of $26.52 billion, a P/E ratio of 27.18, a PEG ratio of 2.62 and a beta of 0.65.
FANUC (OTCMKTS:FANUY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The industrial products company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. FANUC had a net margin of 17.59% and a return on equity of 7.98%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $206.15 billion. On average, equities research analysts anticipate that FANUC will post 0.46 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, UBS Group upgraded shares of FANUC from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 20th.
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FANUC Company Profile
(
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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.
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