Fujitsu (OTCMKTS:FJTSY) Shares Gap Down – Time to Sell?

Fujitsu Ltd. (OTCMKTS:FJTSYGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $20.83, but opened at $19.71. Fujitsu shares last traded at $20.46, with a volume of 38,898 shares changing hands.

Analyst Ratings Changes

A number of research analysts have recently commented on FJTSY shares. UBS Group upgraded shares of Fujitsu to a “hold” rating in a research report on Monday, January 26th. Jefferies Financial Group lowered shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Read Our Latest Stock Analysis on Fujitsu

Fujitsu Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.87 and a quick ratio of 1.62. The firm has a market capitalization of $36.05 billion, a P/E ratio of 45.62, a P/E/G ratio of 1.01 and a beta of 0.80. The firm’s 50 day simple moving average is $21.39 and its two-hundred day simple moving average is $24.51.

About Fujitsu

(Get Free Report)

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.

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