Fujitsu (OTCMKTS:FJTSY) Shares Gap Down - Should You Sell?

Key Points

• Fujitsu Ltd. shares experienced a significant gap down on Monday, opening at $23.61 from a previous close of $24.66, with the last traded price being $24.21.
• In its latest quarterly earnings report, Fujitsu missed earnings expectations, reporting an EPS of $0.11 against estimates of $0.14, and generated $5.05 billion in revenue compared to anticipated $5.20 billion.
• The company maintains a low debt-to-equity ratio of 0.05 and solid liquidity ratios, with a current ratio of 1.57 and a quick ratio of 1.41.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $24.66, but opened at $23.61. Fujitsu shares last traded at $24.21, with a volume of 10,008 shares changing hands.

Fujitsu Stock Down 1.5%

The business's fifty day moving average is $23.10 and its 200-day moving average is $21.86. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.57 and a quick ratio of 1.41.

Fujitsu (OTCMKTS:FJTSY - Get Free Report) last released its earnings results 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). Fujitsu had a net margin of 8.72% and a return on equity of 17.48%. The company had revenue of $5.05 billion during the quarter, compared to analysts' expectations of $5.20 billion. On average, research analysts predict that Fujitsu Ltd. will post 0.81 earnings per share for the current year.

About Fujitsu

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.