Fujifilm (OTCMKTS:FUJIY) Shares Gap Down – What’s Next?

Shares of Fujifilm Holdings Corp. (OTCMKTS:FUJIY) gapped down before the market opened on Thursday . The stock had previously closed at $10.17, but opened at $9.78. Fujifilm shares last traded at $9.7750, with a volume of 30,520 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Fujifilm from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Fujifilm Stock Down 3.4%

The business’s 50-day moving average price is $9.68 and its 200-day moving average price is $10.59. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $24.43 billion, a PE ratio of 7.44, a price-to-earnings-growth ratio of 2.03 and a beta of 0.78.

Fujifilm (OTCMKTS:FUJIY) last posted its quarterly earnings results on Thursday, February 5th. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.03). Fujifilm had a return on equity of 7.77% and a net margin of 8.26%.The company had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. Fujifilm has set its FY 2025 guidance at 1.420-1.420 EPS. As a group, equities research analysts predict that Fujifilm Holdings Corp. will post 0.66 EPS for the current fiscal year.

About Fujifilm

Fujifilm (OTCMKTS:FUJIY) is a Tokyo-based multinational conglomerate originally founded in 1934 as Fuji Photo Film Co, Ltd. Over the decades the company has evolved from a photographic film manufacturer into a diversified technology group operating across imaging, information, highly functional materials and healthcare. Fujifilm Holdings Corporation serves customers worldwide with a combination of hardware, consumables, software and services.

The company’s product and service portfolio spans consumer and professional imaging products, commercial and industrial printing systems, and office document solutions including printers and copiers.