Fujitsu Ltd. (OTCMKTS:FJTSY) Sees Significant Growth in Short Interest

Key Points

• Fujitsu Ltd. experienced a significant increase in short interest in July, rising 58.2% to a total of 34,800 shares.
• In its latest quarterly earnings report, Fujitsu reported $0.11 EPS, falling short of the consensus estimate of $0.14, with revenue also below expectations at $5.05 billion.
• Fujitsu's stock traded up by 1.7% to reach $24.14, with a one-year price range between $16.50 and $25.14.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 34,800 shares, agrowthof58.2% from the July 15th total of 22,000 shares. Currently,0.0% of the shares of the company are sold short. Based on an average daily volume of 257,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 257,000 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the shares of the company are sold short.

Fujitsu Stock Performance

OTCMKTS FJTSY traded up $0.68 during trading on Friday, reaching $24.66. 129,351 shares of the company's stock were exchanged, compared to its average volume of 177,030. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.57 and a quick ratio of 1.41. The business has a 50 day moving average price of $23.07 and a 200-day moving average price of $21.72. Fujitsu has a fifty-two week low of $16.50 and a fifty-two week high of $25.14.

Fujitsu (OTCMKTS:FJTSY - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.03). The business had revenue of $5.05 billion during the quarter, compared to analyst estimates of $5.20 billion. Fujitsu had a net margin of 8.72% and a return on equity of 17.48%. As a group, equities research analysts anticipate that Fujitsu will post 0.81 earnings per share for the current year.

Fujitsu Company Profile

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC's, desktop PC's, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.