Fujifilm (OTCMKTS:FUJIY) Shares Gap Up – Time to Buy?

Shares of Fujifilm Holdings Corp. (OTCMKTS:FUJIY) gapped up before the market opened on Friday . The stock had previously closed at $10.64, but opened at $11.30. Fujifilm shares last traded at $10.6210, with a volume of 4,171 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Fujifilm from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Fujifilm has an average rating of “Strong Buy”.

Fujifilm Stock Performance

The stock has a market capitalization of $26.67 billion, a price-to-earnings ratio of 8.18, a P/E/G ratio of 1.78 and a beta of 0.76. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average of $10.86 and a 200-day moving average of $11.22.

Fujifilm (OTCMKTS:FUJIY) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.58. Fujifilm had a return on equity of 7.89% and a net margin of 8.31%.The business had revenue of $5.33 billion for the quarter, compared to the consensus estimate of $5.31 billion. As a group, sell-side analysts predict that Fujifilm Holdings Corp. will post 0.66 earnings per share for the current 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.