Fanuc Corp. (OTCMKTS:FANUY) Short Interest Update

Fanuc Corp. (OTCMKTS:FANUY) saw a significant decline in short interest in 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,180,233 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, UBS Group cut shares of Fanuc from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

Fanuc Trading Down 4.8%

FANUY stock traded down $0.98 during mid-day trading on Tuesday, hitting $19.37. The stock had a trading volume of 321,048 shares, compared to its average volume of 486,264. Fanuc has a 52 week low of $13.60 and a 52 week high of $27.54. The firm has a market capitalization of $38.06 billion, a P/E ratio of 31.25, a P/E/G ratio of 2.74 and a beta of 1.04. The firm has a fifty day simple moving average of $21.44 and a 200 day simple moving average of $21.28.

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

About Fanuc

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.