Fanuc (OTCMKTS:FANUY) Shares Gap Down – What’s Next?

Fanuc Corp. (OTCMKTS:FANUYGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $16.99, but opened at $16.30. Fanuc shares last traded at $16.84, with a volume of 10,691 shares trading hands.

Fanuc Trading Up 3.9%

The stock has a 50-day moving average of $20.09 and a two-hundred day moving average of $18.17. The firm has a market cap of $35.29 billion, a price-to-earnings ratio of 30.97, a price-to-earnings-growth ratio of 2.69 and a beta of 0.80.

Fanuc (OTCMKTS:FANUYGet Free Report) last posted its quarterly earnings data on Monday, January 26th. The industrial products company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.01). Fanuc had a return on equity of 9.14% and a net margin of 19.36%.The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $210.35 billion. Sell-side analysts expect that Fanuc Corp. will post 0.46 EPS for the current fiscal year.

About Fanuc

(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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