Fanuc (OTCMKTS:FANUY) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Technical breakout: Fanuc shares crossed above their 200-day moving average of $18.67, trading as high as $20.62 and last at $20.50 on volume of 298,668 shares.
• Valuation snapshot: The company has a $40.28 billion market cap, a P/E of 35.34, PEG of 2.71, beta of 0.80, and a 50-day moving average of $19.57.
• Recent results: In the quarter ended Jan. 26 Fanuc reported EPS of $0.13 (missing the $0.14 consensus) and $1.36 billion in revenue, with a 19.36% net margin and analysts projecting about $0.54 EPS for the year.

Shares of Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $18.67 and traded as high as $20.62. Fanuc shares last traded at $20.50, with a volume of 298,668 shares.

Fanuc Stock Performance

The stock has a market cap of $40.28 billion, a PE ratio of 35.34, a price-to-earnings-growth ratio of 2.71 and a beta of 0.80. The firm has a fifty day moving average price of $19.57 and a 200 day moving average price of $18.67.

Fanuc (OTCMKTS:FANUY - Get Free Report) last posted its quarterly earnings data on Monday, January 26th. The industrial products company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.01). The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $210.35 billion. Fanuc had a net margin of 19.36% and a return on equity of 9.14%. On average, equities research analysts forecast that Fanuc Corp. will post 0.54 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.

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