Fujitsu (OTCMKTS:FJTSY) Stock Price Crosses Below 50 Day Moving Average of $15.99

Fujitsu Ltd (OTCMKTS:FJTSY) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.99 and traded as low as $16.12. Fujitsu shares last traded at $16.14, with a volume of 5,904 shares trading hands.

Several research firms have recently weighed in on FJTSY. Nomura raised Fujitsu from a “neutral” rating to a “buy” rating in a research note on Thursday, July 25th. ValuEngine lowered Fujitsu from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 10th. Finally, JPMorgan Chase & Co. raised Fujitsu from a “neutral” rating to an “overweight” rating in a research note on Monday, August 12th.

The firm has a market capitalization of $16.44 billion, a price-to-earnings ratio of 17.63 and a beta of 0.85. The company has a current ratio of 1.45, a quick ratio of 1.22 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average price of $16.01 and a two-hundred day moving average price of $14.80.

Fujitsu (OTCMKTS:FJTSY) last released its quarterly earnings data on Thursday, July 25th. The technology company reported $0.06 earnings per share for the quarter. The business had revenue of $7.63 billion for the quarter. Fujitsu had a return on equity of 3.17% and a net margin of 1.01%. As a group, research analysts forecast that Fujitsu Ltd will post 4.79 earnings per share for the current year.

Fujitsu Company Profile (OTCMKTS:FJTSY)

Fujitsu Limited operates as an information and communication technology (ICT) company. The company's Technology Solutions segment offers system integration services, including system construction and business applications; consulting services; front-end technologies comprising ATMs, point-of-sale systems, etc.; and outsourcing services, including datacenters, ICT and application operation/management, SaaS, business process outsourcing, etc.

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