Fanuc (OTCMKTS:FANUY) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Fanuc Corp. (OTCMKTS:FANUY - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.90 and traded as high as $18.80. Fanuc shares last traded at $18.50, with a volume of 245,871 shares.Analyst Upgrades and Downgrades3 Robotics Stocks That Could Benefit From U.S. Manufacturing BoomSeparately, Hsbc Global Res upgraded shares of Fanuc from a "hold" rating to a "strong-buy" rating in a research report on Thursday, November 6th. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Fanuc currently has an average rating of "Strong Buy".Check Out Our Latest Stock Report on FANUYFanuc Trading Down 5.0%The firm's fifty day moving average price is $16.58 and its two-hundred day moving average price is $14.90. The stock has a market capitalization of $36.35 billion, a PE ratio of 32.46, a price-to-earnings-growth ratio of 4.05 and a beta of 0.70. Fanuc (OTCMKTS:FANUY - Get Free Report) last announced its quarterly earnings results on Friday, October 31st. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. Fanuc had a net margin of 19.28% and a return on equity of 9.03%. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $198.19 billion. As a group, sell-side analysts anticipate that Fanuc Corp. will post 0.46 earnings per share 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 ArticlesFive stocks we like better than FanucWhat is a Special Dividend?Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart BuyWhat Are Earnings Reports?RTX Surges to Record Highs as Defense Orders ExplodeHigh Flyers: 3 Natural Gas Stocks for March 2022Smart Money Is Buying Auto Suppliers, Not Car BrandsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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 Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here