Fujitsu (OTCMKTS:FJTSY) Sees Unusually-High Trading Volume – What’s Next?

Fujitsu Ltd. (OTCMKTS:FJTSY) saw an uptick in trading volume on Tuesday . 437,046 shares traded hands during mid-day trading, an increase of 155% from the previous session’s volume of 171,471 shares.The stock last traded at $27.99 and had previously closed at $28.66.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Fujitsu to a “hold” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Fujitsu Stock Down 5.1%

The business’s 50 day simple moving average is $27.32 and its 200-day simple moving average is $25.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.87. The company has a market cap of $46.70 billion, a price-to-earnings ratio of 55.07, a price-to-earnings-growth ratio of 1.02 and a beta of 0.84.

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.