Fujitsu (OTCMKTS:FJTSY) Shares Gap Down - Time to Sell?

Key Points

• Fujitsu shares gapped down at the open from $23.22 to $22.25 and last traded around $22.996 with light volume (~8,900 shares).
• Analyst actions left the stock with a consensus Hold rating after UBS moved to Hold and Jefferies cut its rating from Strong‑Buy to Hold.
• The stock trades below its 200‑day SMA ($25.08) but above its 50‑day SMA ($22.17), has a P/E of 51.24, market cap ≈ $40.5B and very low debt‑to‑equity (0.05).

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $23.22, but opened at $22.25. Fujitsu shares last traded at $22.9960, with a volume of 8,909 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on FJTSY. UBS Group raised Fujitsu to a "hold" rating in a report on Monday, January 26th. Jefferies Financial Group lowered Fujitsu from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 18th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Fujitsu Stock Performance

The stock has a 50-day simple moving average of $22.17 and a 200 day simple moving average of $25.08. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.87 and a quick ratio of 1.62. The company has a market capitalization of $40.50 billion, a PE ratio of 51.24, a P/E/G ratio of 1.27 and a beta of 0.91.

Fujitsu Company Profile

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu's offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.

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