Fanuc Co. (OTCMKTS:FANUY) Short Interest Up 27.9% in August - MarketBeat

2022-09-24 00:54:29 By : Bery Zhao

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Fanuc Co. (OTCMKTS:FANUY - Get Rating) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 143,900 shares, an increase of 27.9% from the August 15th total of 112,500 shares. Based on an average daily trading volume, of 394,200 shares, the short-interest ratio is currently 0.4 days. Fanuc Trading Down 1.0 %

Shares of Fanuc stock opened at $14.99 on Friday. The firm's 50 day simple moving average is $16.46 and its two-hundred day simple moving average is $16.34. The firm has a market capitalization of $30.27 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 12.97 and a beta of 1.02. Fanuc has a 12-month low of $14.25 and a 12-month high of $24.22.

Fanuc (OTCMKTS:FANUY - Get Rating) last released its earnings results on Wednesday, July 27th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. Fanuc had a return on equity of 10.21% and a net margin of 20.75%. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.52 billion. On average, sell-side analysts predict that Fanuc will post 0.69 EPS for the current fiscal year. Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Credit Suisse Group lowered Fanuc from an "outperform" rating to a "neutral" rating in a research note on Tuesday, August 2nd. Daiwa Capital Markets cut shares of Fanuc from an "outperform" rating to a "neutral" rating in a research report on Monday, May 30th. Sanford C. Bernstein downgraded shares of Fanuc from an "outperform" rating to a "market perform" rating in a research note on Thursday, July 28th. Finally, The Goldman Sachs Group upgraded Fanuc from a "neutral" rating to a "buy" rating in a research note on Thursday, June 16th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold".Fanuc Company Profile (Get Rating)

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.Featured StoriesGet a free copy of the StockNews.com research report on Fanuc (FANUY)3 Banks Worth Considering For Q4Stock Market: 3 Islands Of Strength In A Sea Of RedMarketBeat: Week in Review 9/12 – 9/16Is There a Cure for What is Ailing Teladoc Stock?No One Told These 3 Stocks It’s a Down Week

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