Fanuc Co. (OTCMKTS:FANUY) Short Interest Update

Fanuc Co. (OTCMKTS:FANUY - Get Free Report) experienced a notable reduction in short interest during March. As of March 15th, the total short interest stood at 63,200 shares. This represents a significant decrease of 43.3% compared to the total of 111,500 shares as of February 28th. Presently, a minimal fraction of the company’s stock, around 0.0%, is sold short. With an average trading volume of 513,300 shares, the current days-to-cover ratio is approximately 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 price is $13.83. Fanuc’s stock has seen a fifty-two week low of $12.46 and a high of $15.50. The company boasts a market capitalization of $29.05 billion, a price-to-earnings ratio of 29.78, a price-to-earnings-growth ratio of 2.62, and a beta of 0.84.

Fanuc (OTCMKTS:FANUY - Get Free Report) last announced its earnings on January 27th. The industrial products firm reported earnings of $0.12 per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The company achieved a net margin of 17.59% and a return on equity of 7.98%. Analysts predict that Fanuc will record earnings of $0.46 per share for the current fiscal year.

About Fanuc

Fanuc Corporation specializes in providing factory automation products across various regions, including Japan, the Americas, Europe, China, and the rest of Asia. The range of products offered by the company includes CNC machinery, servo motors, lasers, industrial robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.

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This news report has been prepared to provide readers with accurate and timely information about Fanuc Co.

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