Fanuc (OTCMKTS:FANUY) Shares Cross Above 200 Day Moving Average – Here’s Why

Shares of Fanuc Co. (OTCMKTS:FANUY) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.68 and traded as high as $14.74. Fanuc shares last traded at $14.55, with a volume of 196,631 shares traded.

Fanuc Stock Performance

The business has a 50 day moving average price of $13.65 and a 200-day moving average price of $13.68. The company has a market capitalization of $28.97 billion, a price-to-earnings ratio of 29.69, a P/E/G ratio of 2.66 and a beta of 0.85.

Fanuc (OTCMKTS:FANUY) last posted its quarterly earnings results on Monday, January 27th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Fanuc had a return on equity of 7.94% and a net margin of 17.59%. As a group, equities analysts predict that Fanuc Co. will post 0.46 EPS for the current fiscal year.

About Fanuc

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.