Fanuc (OTCMKTS:FANUY) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Fanuc Corp. (OTCMKTS:FANUY) stock has recently crossed above its 200-day moving average, with a current price of $14.99, showing positive trading momentum.
• UBS Group has upgraded Fanuc from a "hold" rating to a "strong-buy" rating, indicating increased confidence in the company's performance.
• In the latest quarterly earnings report, Fanuc reported an EPS of $0.14, slightly exceeding analysts' expectations of $0.13, with a net margin of 19.62%.

Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.60 and traded as high as $15.01. Fanuc shares last traded at $14.99, with a volume of 309,010 shares.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FANUY. Hsbc Global Res cut shares of Fanuc from a "strong-buy" rating to a "hold" rating in a report on Wednesday. UBS Group raised shares of Fanuc from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 20th.

Fanuc Stock Up 1.2%

The firm's fifty day moving average is $13.51 and its 200-day moving average is $13.62. The stock has a market capitalization of $29.35 billion, a PE ratio of 26.21, a PEG ratio of 7.35 and a beta of 0.65.

Fanuc (OTCMKTS:FANUY - Get Free Report) last issued its earnings results on Friday, July 25th. The industrial products company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Fanuc had a net margin of 19.62% and a return on equity of 9.10%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. On average, analysts expect that Fanuc Corp. will post 0.46 EPS for the current year.

About Fanuc

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.