Fujitsu (OTCMKTS:FJTSY) Share Price Passes Below 200-Day Moving Average of $26.85

Fujitsu Limited (OTCMKTS:FJTSY – Get Rating) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.85 and traded as low as $26.30. Fujitsu shares last traded at $26.41, with a volume of 38,704 shares trading hands.

Analyst Ratings Changes

Separately, Citigroup lowered shares of Fujitsu from a “neutral” rating to a “sell” rating in a research note on Friday, February 17th.

Fujitsu Stock Performance

The firm has a market capitalization of $25.60 billion, a PE ratio of 15.88 and a beta of 0.86. The company has a current ratio of 1.58, a quick ratio of 1.24 and a debt-to-equity ratio of 0.06. The business’s 50 day simple moving average is $26.76 and its two-hundred day simple moving average is $26.86.

Fujitsu (OTCMKTS:FJTSY – Get Rating) last posted its quarterly earnings data on Thursday, April 27th. The technology company reported $0.80 earnings per share (EPS) for the quarter. The company had revenue of $8.14 billion for the quarter. Fujitsu had a net margin of 5.80% and a return on equity of 12.12%.

About Fujitsu

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Fujitsu Ltd. engages in the provision of information technology (IT) services. It operates through the following segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The Technology Solutions segment provides system integration, consulting, outsourcing, cloud, network, and system support services.