Fanuc Corp. (OTCMKTS:FANUY) Short Interest Update

Fanuc Corp. (OTCMKTS:FANUY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 168,435 shares, a growth of 83.7% from the November 30th total of 91,691 shares. Based on an average trading volume of 870,991 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 870,991 shares, the days-to-cover ratio is currently 0.2 days.

Fanuc Stock Up 1.4%

Shares of FANUY traded up $0.28 during mid-day trading on Monday, reaching $19.37. The company’s stock had a trading volume of 118,862 shares, compared to its average volume of 424,505. The company has a market cap of $38.05 billion, a price-to-earnings ratio of 33.97, a price-to-earnings-growth ratio of 3.93 and a beta of 0.70. The business has a fifty day moving average of $17.18 and a 200 day moving average of $15.22. Fanuc has a 1 year low of $10.54 and a 1 year high of $20.86.

Fanuc (OTCMKTS:FANUY) last posted its quarterly earnings results on Friday, October 31st. The industrial products company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. Fanuc had a return on equity of 9.03% and a net margin of 19.28%.The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $198.19 billion. On average, analysts predict that Fanuc will post 0.46 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Hsbc Global Res raised shares of Fanuc from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company presently has an average rating of “Strong 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.