Fanuc (OTCMKTS:FANUY) Stock Crosses Above 200-Day Moving Average - Here's Why

Shares of Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $13.58 and traded as high as $14.75. Fanuc shares last traded at $14.49, with a volume of 213,394 shares trading hands.Analyst Upgrades and Downgrades3 Robotics Stocks That Could Benefit From U.S. Manufacturing BoomSeparately, Hsbc Global Res lowered shares of Fanuc from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Fanuc currently has a consensus rating of "Buy".View Our Latest Stock Analysis on FanucFanuc Price PerformanceThe company has a market capitalization of $28.47 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 3.63 and a beta of 0.66. The firm's fifty day simple moving average is $14.56 and its 200 day simple moving average is $13.58. Fanuc (OTCMKTS:FANUY - Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The industrial products company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. Fanuc had a net margin of 19.62% and a return on equity of 9.10%. On average, equities research analysts anticipate that Fanuc Corp. will post 0.46 EPS for the current fiscal year. About Fanuc (Get Free Report)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 StoriesFive stocks we like better than Fanuc3 REITs to Buy and Hold for the Long TermTesla Earnings Loom: Bulls Eye $600, Bears Warn of $300Buy P&G Now, Before It Sets A New All-Time HighCathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?What Are Dividend Contenders? Investing in Dividend ContendersThis ETF Weeds Out Small-Cap UnderperformersThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Fanuc Right Now?Before you consider Fanuc, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fanuc wasn't on the list.While Fanuc currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here