Fanuc Corp. (OTCMKTS:FANUY) Short Interest Update

Fanuc Corp. (OTCMKTS:FANUY) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 36,470 shares, a decline of 49.5% from the July 15th total of 72,277 shares. Based on an average trading volume of 1,180,233 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, UBS Group downgraded shares of Fanuc from a “strong-buy” rating to a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Fanuc presently has an average rating of “Buy”.

Fanuc Stock Performance

Shares of FANUY stock traded down $0.73 during mid-day trading on Friday, hitting $19.95. The company’s stock had a trading volume of 465,759 shares, compared to its average volume of 519,930. The company has a market cap of $39.19 billion, a PE ratio of 32.18, a P/E/G ratio of 2.74 and a beta of 1.04. The company’s fifty day simple moving average is $21.49 and its 200-day simple moving average is $21.28. Fanuc has a 52 week low of $13.60 and a 52 week high of $27.54.

Fanuc (OTCMKTS:FANUY) last announced its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.47 billion. Fanuc had a net margin of 20.11% and a return on equity of 9.59%. On average, equities analysts anticipate that Fanuc will post 0.68 earnings per share for the current year.

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.