Fanuc (OTCMKTS:FANUY) Shares Down 4.8% – Time to Sell?

Shares of Fanuc Corp. (OTCMKTS:FANUY) fell 4.8% during mid-day trading on Thursday . The stock traded as low as $17.00 and last traded at $17.10. 273,443 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 457,032 shares. The stock had previously closed at $17.96.

Fanuc Stock Performance

The firm’s 50-day simple moving average is $19.96 and its 200 day simple moving average is $18.19. The stock has a market capitalization of $34.05 billion, a P/E ratio of 29.88, a PEG ratio of 2.36 and a beta of 0.80.

Fanuc (OTCMKTS:FANUY) last announced its quarterly earnings data on Monday, January 26th. The industrial products company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $210.35 billion. Fanuc had a net margin of 19.36% and a return on equity of 9.14%. As a group, research analysts expect that Fanuc Corp. will post 0.46 earnings per share for the current fiscal year.

Fanuc Company Profile

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.