Fujitsu Ltd. (OTCMKTS:FJTSY – Get Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $21.53 and traded as high as $22.07. Fujitsu shares last traded at $21.99, with a volume of 248,885 shares.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group cut shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, Fujitsu currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on Fujitsu
Fujitsu Stock Down 1.9%
About Fujitsu
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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