Free Trial

Fujitsu (OTCMKTS:FJTSY) Share Price Crosses Above 50 Day Moving Average - Should You Sell?

Fujitsu logo with Computer and Technology background

Key Points

  • Fujitsu's stock price recently crossed above its fifty-day moving average of $23.75, reaching a high of $25.43 before last trading at $24.40.
  • The company's recent earnings report showed an EPS of $0.11, missing the consensus estimate of $0.14 and revealing revenue of $5.05 billion compared to the expected $5.20 billion.
  • Fujitsu maintains a strong balance sheet with a debt-to-equity ratio of 0.05 and current and quick ratios of 1.57 and 1.41, respectively.
  • Five stocks we like better than Fujitsu.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $23.75 and traded as high as $25.43. Fujitsu shares last traded at $24.40, with a volume of 109,623 shares changing hands.

Fujitsu Price Performance

The business's 50 day simple moving average is $23.75 and its 200-day simple moving average is $22.45. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.41 and a current ratio of 1.57.

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 the consensus estimate of $0.14 by ($0.03). Fujitsu had a net margin of 8.72% and a return on equity of 17.48%. The business had revenue of $5.05 billion during the quarter, compared to analyst estimates of $5.20 billion. Equities analysts forecast that Fujitsu Ltd. will post 0.81 EPS for the current fiscal year.

About Fujitsu

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Fujitsu Right Now?

Before you consider Fujitsu, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fujitsu wasn't on the list.

While Fujitsu currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.