Fanuc (OTCMKTS:FANUY) Stock Crosses Above 200-Day Moving Average – What’s Next?

Fanuc Corp. (OTCMKTS:FANUY)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.11 and traded as high as $22.70. Fanuc shares last traded at $22.16, with a volume of 744,921 shares traded.

Fanuc Stock Performance

The firm has a market capitalization of $47.84 billion, a PE ratio of 41.27, a PEG ratio of 3.02 and a beta of 0.99. The company’s 50-day moving average price is $19.67 and its 200-day moving average price is $19.11.

Fanuc (OTCMKTS:FANUY) last released its quarterly earnings data on Friday, April 24th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $224.28 billion. Fanuc had a net margin of 19.41% and a return on equity of 9.24%. As a group, analysts anticipate that Fanuc Corp. will post 0.64 earnings per share 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.