Fanuc Corp. (OTCMKTS:FANUY) Short Interest Update

Fanuc Corp. (OTCMKTS:FANUY) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 36,470 shares, a decrease of 49.5% from the July 15th total of 72,277 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,180,233 shares, the short-interest ratio is currently 0.0 days.

Fanuc Stock Performance

Fanuc stock traded up $0.51 during midday trading on Monday, hitting $20.46. 385,500 shares of the company were exchanged, compared to its average volume of 486,254. The firm has a market capitalization of $40.20 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 2.74 and a beta of 1.04. Fanuc has a fifty-two week low of $13.60 and a fifty-two week high of $27.54. The business has a fifty day simple moving average of $21.49 and a two-hundred day simple moving average of $21.28.

Fanuc (OTCMKTS:FANUY) last announced its quarterly earnings results on Friday, July 31st. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.17. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.47 billion. Fanuc had a return on equity of 9.59% and a net margin of 20.11%. As a group, equities analysts expect that Fanuc will post 0.68 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, UBS Group cut shares of Fanuc from a “strong-buy” rating to a “hold” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Fanuc has a consensus rating of “Buy”.

Fanuc Company Profile

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.