Fujifilm (OTCMKTS:FUJIY) Sees Unusually-High Trading Volume - Here's Why

Fujifilm Holdings Corp. (OTCMKTS:FUJIY - Get Free Report) shares saw an uptick in trading volume on Wednesday . 576,432 shares traded hands during mid-day trading, an increase of 166% from the previous session's volume of 216,783 shares.The stock last traded at $10.70 and had previously closed at $10.55.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Fujifilm from a "buy" rating to a "hold" rating in a research report on Friday, May 23rd.

Fujifilm Trading Up 2.9%

The firm's 50-day moving average price is $10.73 and its 200 day moving average price is $10.42. The company has a market cap of $27.02 billion, a price-to-earnings ratio of 9.70, a P/E/G ratio of 3.00 and a beta of 0.70. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 0.14.

Fujifilm (OTCMKTS:FUJIY - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The technology company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. Fujifilm had a net margin of 8.15% and a return on equity of 7.84%. The business had revenue of $6.06 billion during the quarter, compared to analysts' expectations of $822.51 billion. As a group, equities analysts expect that Fujifilm Holdings Corp. will post 0.66 EPS for the current year.

Fujifilm Company Profile

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.