Fujitsu (OTCMKTS:FJTSY) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Fujitsu Ltd. (OTCMKTS:FJTSY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $25.83 and traded as low as $23.91. Fujitsu shares last traded at $24.03, with a volume of 201,765 shares traded.

Analysts Set New Price Targets

Separately, UBS Group upgraded Fujitsu to a “hold” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Fujitsu Price Performance

The stock has a 50 day moving average of $27.13 and a 200-day moving average of $25.83. The company has a current ratio of 1.87, a quick ratio of 1.62 and a debt-to-equity ratio of 0.05.

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.