Fanuc (OTCMKTS:FANUY) Hits New 52-Week High – Here’s What Happened

Fanuc Corp. (OTCMKTS:FANUY) hit a new 52-week high during mid-day trading on Saturday . The stock traded as high as $24.45 and last traded at $24.35, with a volume of 360986 shares traded. The stock had previously closed at $22.16.

Fanuc Stock Performance

The company’s 50-day moving average is $19.67 and its 200-day moving average is $19.11. The firm has a market cap of $47.84 billion, a price-to-earnings ratio of 41.27, a P/E/G ratio of 3.02 and a beta of 0.99.

Fanuc (OTCMKTS:FANUY) last issued its quarterly earnings results 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. Fanuc had a net margin of 19.41% and a return on equity of 9.24%. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $224.28 billion. On average, analysts predict that Fanuc Corp. will post 0.64 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.