Fujitsu (OTCMKTS:FJTSY) Shares Gap Down – Here’s What Happened

Fujitsu Ltd. (OTCMKTS:FJTSY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $22.28, but opened at $21.0101. Fujitsu shares last traded at $21.2450, with a volume of 7,365 shares.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of Fujitsu to a “hold” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Fujitsu Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.87. The firm has a market capitalization of $40.01 billion, a price-to-earnings ratio of 47.18, a PEG ratio of 0.82 and a beta of 0.89. The company has a fifty day moving average of $25.36 and a two-hundred day moving average of $25.65.

Fujitsu Company Profile

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.