Fanuc (OTCMKTS:FANUY) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

Fanuc Co. (OTCMKTS:FANUY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.09 and traded as high as $14.34. Fanuc shares last traded at $14.33, with a volume of 170,513 shares changing hands.

Fanuc Trading Down 1.8 %

The stock has a market cap of $28.01 billion, a PE ratio of 29.85, a P/E/G ratio of 2.03 and a beta of 0.85. The business has a fifty day simple moving average of $13.94 and a two-hundred day simple moving average of $14.09.

Fanuc (OTCMKTS:FANUY - Get Free Report) last released its earnings results on Monday, July 29th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter. Fanuc had a net margin of 16.72% and a return on equity of 7.64%. The firm had revenue of $1.25 billion during the quarter. On average, research analysts predict that Fanuc Co. will post 0.51 earnings per share for the current year.

Fanuc Company Profile

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.