Fujifilm (OTCMKTS:FUJIY) Shares Gap Up on Analyst Upgrade

Fujifilm Holdings Corp. (OTCMKTS:FUJIY)’s stock price gapped up prior to trading on Tuesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $11.13, but opened at $11.60. Fujifilm shares last traded at $11.16, with a volume of 66,407 shares trading hands.

Fujifilm Stock Performance

The firm has a 50 day moving average of $11.06 and a two-hundred day moving average of $11.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.38 and a quick ratio of 0.87. The stock has a market cap of $27.07 billion, a PE ratio of 8.31, a PEG ratio of 1.87 and a beta of 0.75.

Fujifilm (OTCMKTS:FUJIY) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.58. The company had revenue of $5.33 billion for the quarter, compared to analysts’ expectations of $5.31 billion. Fujifilm had a net margin of 8.31% and a return on equity of 7.89%. Research analysts predict that Fujifilm Holdings Corp. will post 0.66 EPS for the current fiscal year.

About Fujifilm

FUJIFILM Holdings Corporation develops, manufactures, sells, and services imaging, healthcare, materials, and business innovation solutions worldwide. The company's Healthcare segment provides products and services, such as medical devices, biomedical contract development and manufacturing organization, pharmaceutical, regenerative medicine, and cosmetics and supplements in the areas of prevention, diagnosis, and treatment.