Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Up 149.4% in June

Fujitsu Ltd. (OTCMKTS:FJTSYGet Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 88,703 shares, a growth of 149.4% from the June 15th total of 35,568 shares. Based on an average daily volume of 979,228 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, 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 equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Fujitsu presently has a consensus rating of “Hold”.

View Our Latest Analysis on Fujitsu

Fujitsu Price Performance

Shares of OTCMKTS FJTSY opened at $20.37 on Tuesday. Fujitsu has a 1-year low of $19.10 and a 1-year high of $30.05. The business’s 50 day moving average is $20.84 and its two-hundred day moving average is $23.05. The stock has a market capitalization of $35.77 billion, a P/E ratio of 45.27, a PEG ratio of 0.97 and a beta of 0.81.

Fujitsu Company Profile

(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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