Fujifilm (OTCMKTS:FUJIY) Shares Gap Up – Here’s Why

Fujifilm Holdings Corp. (OTCMKTS:FUJIY) gapped up before the market opened on Thursday . The stock had previously closed at $9.32, but opened at $9.61. Fujifilm shares last traded at $9.17, with a volume of 23,631 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Fujifilm from a “strong-buy” rating to a “hold” rating in a report on Friday, January 16th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Fujifilm presently has an average rating of “Hold”.

Fujifilm Stock Performance

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.90 and a current ratio of 1.43. The stock has a market cap of $22.44 billion, a PE ratio of 6.83, a price-to-earnings-growth ratio of 2.04 and a beta of 0.77. The firm has a fifty day moving average price of $9.91 and a 200 day moving average price of $10.85.

Fujifilm (OTCMKTS:FUJIY) last announced its earnings results on Thursday, February 5th. The technology company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.03). Fujifilm had a return on equity of 7.77% and a net margin of 8.26%.The business had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.48 billion. Fujifilm has set its FY 2025 guidance at 1.420-1.420 EPS. Research analysts forecast that Fujifilm Holdings Corp. will post 0.66 earnings per share for the current fiscal year.

About Fujifilm

Fujifilm (OTCMKTS:FUJIY) is a Tokyo-based multinational conglomerate originally founded in 1934 as Fuji Photo Film Co, Ltd. Over the decades the company has evolved from a photographic film manufacturer into a diversified technology group operating across imaging, information, highly functional materials and healthcare. Fujifilm Holdings Corporation serves customers worldwide with a combination of hardware, consumables, software and services.

The company’s product and service portfolio spans consumer and professional imaging products, commercial and industrial printing systems, and office document solutions including printers and copiers.