Fujitsu (OTCMKTS:FJTSY) Sees Strong Trading Volume – Here’s Why

Fujitsu Ltd. (OTCMKTS:FJTSY) shares saw an uptick in trading volume on Friday . 441,707 shares traded hands during trading, an increase of 56% from the previous session’s volume of 283,744 shares.The stock last traded at $22.29 and had previously closed at $22.82.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Fujitsu to a “hold” rating in a research report on Monday, January 26th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Fujitsu currently has a consensus rating of “Hold”.

Fujitsu Stock Down 2.4%

The company has a quick ratio of 1.62, a current ratio of 1.87 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $41.97 billion, a PE ratio of 49.50, a price-to-earnings-growth ratio of 0.80 and a beta of 0.84. The business has a 50-day moving average price of $26.64 and a 200-day moving average price of $25.77.

About Fujitsu

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.