Fujitsu (OTCMKTS:FJTSY) Releases Earnings Results

Fujitsu (OTCMKTS:FJTSY) issued its earnings results on Thursday. The technology company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.06), Zacks reports.

Fujitsu Trading Down 15.2%

OTCMKTS FJTSY traded down $4.33 on Thursday, reaching $24.14. The company had a trading volume of 206,472 shares, compared to its average volume of 345,294. The firm has a market cap of $42.39 billion, a price-to-earnings ratio of 44.70, a P/E/G ratio of 1.33 and a beta of 0.80. The business has a 50 day moving average of $25.63 and a two-hundred day moving average of $23.28. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.83 and a quick ratio of 1.56. Fujitsu has a fifty-two week low of $19.10 and a fifty-two week high of $30.05.

Analyst Ratings Changes

Separately, Zacks Research upgraded Fujitsu from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Fujitsu Company Profile

Fujitsu Limited is a Japanese information and communications technology company that provides digital services, technology solutions and consulting to businesses, governments and other organizations. Its offerings include cloud computing, artificial intelligence, data and analytics, cybersecurity, application development, systems integration, managed services and digital transformation support.

The company also supplies computing and technology infrastructure, including servers, storage systems, networking products and related enterprise solutions.