Free Trial

FANUC (OTCMKTS:FANUY) Stock Passes Above 200-Day Moving Average - What's Next?

FANUC logo with Industrials background

FANUC Co. (OTCMKTS:FANUY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.53 and traded as high as $13.61. FANUC shares last traded at $13.31, with a volume of 250,968 shares traded.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of FANUC from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 20th.

Check Out Our Latest Analysis on FANUC

FANUC Stock Performance

The company has a market cap of $26.15 billion, a price-to-earnings ratio of 27.16, a price-to-earnings-growth ratio of 2.62 and a beta of 0.63. The stock's fifty day simple moving average is $12.84 and its two-hundred day simple moving average is $13.53.

FANUC (OTCMKTS:FANUY - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The industrial products company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.04. FANUC had a return on equity of 7.98% and a net margin of 17.59%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $206.15 billion. Analysts predict that FANUC Co. will post 0.46 EPS for the current fiscal year.

FANUC Company Profile

(Get Free Report)

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in FANUC Right Now?

Before you consider FANUC, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FANUC wasn't on the list.

While FANUC currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines