Fanuc (OTCMKTS:FANUF) Shares Down 0% – Here’s Why

Fanuc Co. (OTCMKTS:FANUF)’s stock price fell 0% on Thursday . The stock traded as low as C$40.31 and last traded at C$41.05. 2,793 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 7,999 shares. The stock had previously closed at C$41.05.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut shares of Fanuc to a “hold” rating in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Fanuc Trading Down 0.0%

The business has a fifty day moving average price of C$35.54 and a 200 day moving average price of C$31.14.

About Fanuc

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.