Fanuc Co. (OTCMKTS:FANUY) Short Interest Update

Fanuc Co. (OTCMKTS:FANUY - Get Free Report) saw a notable reduction in short interest during March. As of March 15th, short interest totaled 63,200 shares, marking a decrease of 43.3% from the prior month's total of 111,500 shares on February 28th. This means that only 0.0% of the company's stock is currently sold short. Given the average daily trading volume of 513,300 shares, the days-to-cover ratio stands at a mere 0.1 days.

Fanuc Price Performance

On Friday, shares of OTCMKTS:FANUY opened at $14.59. The company's fifty-day moving average price is $14.65, while the two-hundred-day moving average is $13.83. Fanuc's stock has seen a fifty-two week low of $12.46 and a high of $15.50. Its market capitalization is $29.05 billion, with a price-to-earnings ratio of 29.78 and a price-to-earnings-growth ratio of 2.62. The stock has a beta value of 0.84, indicating its relative volatility.

Fanuc reported its earnings results on January 27th. The industrial products company achieved earnings of $0.12 per share for the quarter, exceeding analysts' expectations which were set at $0.11 by a small margin. The company has a net margin of 17.59% and a return on equity of 7.98%. Analysts are predicting that Fanuc will report 0.46 EPS for the current fiscal year.

About Fanuc

Fanuc Corporation is a leader in providing factory automation products across various regions including Japan, the Americas, Europe, China, and the rest of Asia. The company specializes in offering CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.

Featured Stories

• Five stocks we like better than Fanuc
• Investing in Construction Stocks
• Ibotta Stock: Why the Buyback Looks Like a Bullish Bet
• 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
• Joby Aviation Stock: Analyst Confidence and Smart Money Align
• What Does Downgrade Mean in Investing?
• 3 Momentum Stocks Near 52-Week Highs to Watch for More Growth

This news alert is generated using narrative science technology and financial data, ensuring readers receive prompt and accurate reporting.

Should You Invest $1,000 in Fanuc Right Now?

Before making investment decisions regarding Fanuc, it may be beneficial to consider other options. Recent analyses track top-rated research analysts and highlight stocks they recommend. Notably, Fanuc was not included in the list of the five stocks that these analysts suggest investors consider purchasing at this time.

While Fanuc currently holds a Hold rating, experts suggest that there are better investment opportunities available.

To explore more valuable insights, readers are invited to enter their email addresses to receive a curated list of promising stocks and understand their long-term forecasts.

Fanuc, Stocks, Interest