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

Fujitsu Ltd. (OTCMKTS:FJTSY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $21.17, but opened at $19.7201. Fujitsu shares last traded at $20.4644, with a volume of 1,954 shares.

Analyst Upgrades and Downgrades

FJTSY has been the subject of several analyst reports. Jefferies Financial Group cut shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. UBS Group upgraded shares of Fujitsu to a “hold” rating in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Fujitsu Stock Performance

The stock has a market cap of $35.90 billion, a price-to-earnings ratio of 45.42, a PEG ratio of 0.92 and a beta of 0.80. The stock’s fifty day moving average is $21.58 and its 200-day moving average is $24.67. The company has a quick ratio of 1.62, a current ratio of 1.87 and a debt-to-equity ratio of 0.05.

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.