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Fujitsu (OTCMKTS:FJTSY) Shares Gap Up - What's Next?

Fujitsu logo with Computer and Technology background

Key Points

  • Fujitsu's stock price gapped up from $23.87 to $24.74 before trading, last trading at $23.74 with a volume of 631,587 shares.
  • The company reported earnings per share of $0.11 for the latest quarter, which was below analysts' estimates of $0.14, and its revenue of $5.05 billion also missed the $5.20 billion forecast.
  • Fujitsu has a low debt-to-equity ratio of 0.05 and a healthy current ratio of 1.57, indicating strong financial stability.
  • Want stock alerts on Fujitsu? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $23.87, but opened at $24.74. Fujitsu shares last traded at $23.74, with a volume of 631,587 shares changing hands.

Fujitsu Trading Down 0.5%

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.57 and a quick ratio of 1.41. The business's fifty day moving average price is $23.03 and its two-hundred day moving average price is $21.46.

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 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 firm had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.20 billion. As a group, equities research analysts forecast that Fujitsu Ltd. will post 0.81 EPS for the current 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.

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