Fanuc Co. (OTCMKTS:FANUY)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.80 and traded as high as $25.58. Fanuc shares last traded at $25.27, with a volume of 158,643 shares traded.
FANUY has been the subject of several recent analyst reports. Zacks Investment Research cut Fanuc from a “buy” rating to a “hold” rating in a research report on Tuesday, March 30th. Jefferies Financial Group cut Fanuc from a “buy” rating to a “hold” rating in a research report on Wednesday, January 20th. Finally, JPMorgan Chase & Co. upgraded Fanuc from an “underweight” rating to a “neutral” rating in a report on Tuesday, December 22nd. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $28.00.
The company has a fifty day simple moving average of $24.98 and a two-hundred day simple moving average of $23.83. The company has a market capitalization of $50.80 billion, a P/E ratio of 86.76, a price-to-earnings-growth ratio of 2.31 and a beta of 1.25.
Fanuc Company Profile (OTCMKTS:FANUY)
Fanuc Corporation provides factory automation products in Japan, the United States, Europe, Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire-cut electric discharge machines, and ultra-precision machines.
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