Fanuc (OTCMKTS:FANUY) Sees Unusually-High Trading Volume – Should You Buy?

Fanuc Corp. (OTCMKTS:FANUYGet Free Report) shares saw an uptick in trading volume on Friday . Approximately 312,391 shares changed hands during trading, a decline of 34% from the previous session’s volume of 475,524 shares.The stock last traded at $21.62 and had previously closed at $22.15.

Fanuc Stock Down 0.9%

The company’s fifty day moving average is $23.16 and its two-hundred day moving average is $21.01. The stock has a market cap of $43.10 billion, a price-to-earnings ratio of 37.19, a PEG ratio of 2.89 and a beta of 1.01.

Fanuc (OTCMKTS:FANUYGet Free Report) last posted its earnings results on Friday, April 24th. The industrial products company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $224.28 billion. Fanuc had a return on equity of 9.15% and a net margin of 19.41%. Sell-side analysts predict that Fanuc Corp. will post 0.66 EPS for the current fiscal year.

Fanuc Company Profile

(Get Free Report)

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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