Fanuc Corp. (OTCMKTS:FANUY – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 30,672 shares, a decline of 37.0% from the May 31st total of 48,700 shares. Based on an average daily volume of 1,263,455 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Fanuc Stock Performance
FANUY traded down $0.41 on Thursday, reaching $22.03. 264,333 shares of the company’s stock were exchanged, compared to its average volume of 475,063. Fanuc has a twelve month low of $12.27 and a twelve month high of $27.54. The company’s 50 day moving average is $23.34 and its 200-day moving average is $21.09. The company has a market cap of $43.28 billion, a price-to-earnings ratio of 37.34, a PEG ratio of 2.90 and a beta of 1.01.
Fanuc (OTCMKTS:FANUY – Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The industrial products company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Fanuc had a net margin of 19.41% and a return on equity of 9.15%. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $224.28 billion. Sell-side analysts forecast that Fanuc will post 0.66 EPS for the current year.
About Fanuc
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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