Fujitsu (OTCMKTS:FJTSY) Hits New 12-Month High - Should You Buy?

Key Points

• Fujitsu Ltd. shares reached a new 52-week high of $26.39 before closing at $25.96, indicating strong market performance with a trading volume of 88,306 shares.
• The company reported a quarterly EPS of $0.11, falling short of analysts' expectations of $0.14, with revenues of $5.05 billion against forecasts of $5.20 billion.
• Fujitsu operates internationally across three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions, offering a wide range of IT services and products.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $26.39 and last traded at $25.96, with a volume of 88306 shares traded. The stock had previously closed at $24.42.

Fujitsu Price Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.41 and a current ratio of 1.57. The business's 50 day simple moving average is $24.01 and its two-hundred day simple moving average is $22.65.

Fujitsu (OTCMKTS:FJTSY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.03). The firm had revenue of $5.05 billion for the quarter, compared to analysts' expectations of $5.20 billion. Equities research analysts expect that Fujitsu Ltd. 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.

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