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

Fujitsu logo with Computer and Technology background

Key Points

  • Fujitsu Ltd. shares gapped down from a previous close of $22.20 to open at $20.82 on Monday, ultimately trading at $21.51 with a volume of 8,653 shares.
  • The company's 50-day moving average is noted at $23.02, while the 200-day moving average stands at $21.01, indicating potential pressure on the stock price.
  • Fujitsu operates in multiple segments, providing a range of services and products including cloud solutions, infrastructure management, and workplace IT solutions, both in Japan and internationally.
  • Five stocks we like better than Fujitsu.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $22.20, but opened at $20.82. Fujitsu shares last traded at $21.51, with a volume of 8,653 shares.

Fujitsu Stock Performance

The stock has a fifty day moving average of $22.94 and a 200 day moving average of $21.11. The company has a quick ratio of 1.41, a current ratio of 1.57 and a debt-to-equity ratio of 0.05.

Fujitsu (OTCMKTS:FJTSY - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.11 earnings per share 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 firm had revenue of $5.05 billion for the quarter, compared to analysts' expectations of $5.20 billion. As a group, equities analysts forecast that Fujitsu Ltd. will post 0.81 earnings per share for the current year.

Fujitsu Company Profile

(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.

Further Reading

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