Fanuc Co. (OTCMKTS:FANUF – Get Free Report)’s share price rose 1.2% during trading on Thursday. The stock traded as high as C$39.16 and last traded at C$37.95. Approximately 28,120 shares traded hands during trading, an increase of 715% from the average daily volume of 3,449 shares. The stock had previously closed at C$37.50.
Analyst Ratings Changes
Separately, HSBC upgraded Fanuc from a “hold” rating to a “buy” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on Fanuc
Fanuc Stock Up 0.6%
Fanuc Company Profile
FANUC Corporation is a Japan-based industrial automation company specializing in the design, development and manufacture of factory automation equipment. The company’s core offerings include computer numerical control (CNC) systems, industrial robots, and wire‐cut electrical discharge machines, all of which are used to enhance productivity and precision in manufacturing environments.
FANUC’s product portfolio encompasses articulated robots for assembly and material handling, collaborative robots for safe human–machine interaction, and high-precision CNC controls for milling and turning operations.
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