Fanuc Corp. (OTCMKTS:FANUY) Short Interest Update

Fanuc Corp. (OTCMKTS:FANUY) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 138,233 shares, a growth of 279.0% from the July 30th total of 36,470 shares. Based on an average daily volume of 646,245 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Fanuc Price Performance

Shares of Fanuc stock opened at $18.68 on Friday. The firm has a market cap of $36.70 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of 2.59 and a beta of 1.04. The stock has a 50-day simple moving average of $20.79 and a 200-day simple moving average of $21.18. Fanuc has a 52-week low of $13.60 and a 52-week high of $27.54.

Fanuc (OTCMKTS:FANUY) last issued its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.47 billion. Fanuc had a net margin of 20.11% and a return on equity of 9.59%. As a group, equities research analysts predict that Fanuc will post 0.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on FANUY shares. Citigroup downgraded shares of Fanuc from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. UBS Group cut shares of Fanuc from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate 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.