Fanuc Co. (OTCMKTS:FANUY - Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 63,200 shares, a decrease of 43.3% from the February 28th total of 111,500 shares. Based on an average daily volume of 513,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Fanuc Stock Down 3.2 %
FANUY traded down $0.46 during midday trading on Monday, hitting $14.13. 192,712 shares of the company traded hands, compared to its average volume of 392,636. The company's 50-day moving average is $14.64 and its 200 day moving average is $13.84. The firm has a market capitalization of $28.13 billion, a PE ratio of 28.84, a price-to-earnings-growth ratio of 2.62 and a beta of 0.84. Fanuc has a 52 week low of $12.46 and a 52 week high of $15.50.
Fanuc (OTCMKTS:FANUY - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The industrial products company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. Fanuc had a net margin of 17.59% and a return on equity of 7.98%. On average, sell-side analysts predict that Fanuc will post 0.46 earnings per share 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.
See Also
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
