Fujitsu (OTCMKTS:FJTSY) Share Price Passes Below 50 Day Moving Average of $14.39

Shares of Fujitsu Ltd (OTCMKTS:FJTSY) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.39 and traded as low as $15.70. Fujitsu shares last traded at $15.72, with a volume of 4,367 shares traded.

Separately, Nomura upgraded shares of Fujitsu from a “neutral” rating to a “buy” rating in a research report on Thursday, July 25th.

The company has a current ratio of 1.44, a quick ratio of 1.27 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average of $14.43.

Fujitsu (OTCMKTS:FJTSY) last released its earnings results on Thursday, July 25th. The technology company reported $0.06 EPS for the quarter. Fujitsu had a net margin of 0.96% and a return on equity of 3.06%. The business had revenue of $7.63 billion for the quarter. Sell-side analysts expect that Fujitsu Ltd will post 4.79 EPS for the current year.

About Fujitsu (OTCMKTS:FJTSY)

Fujitsu Limited operates as an information and communication technology (ICT) company. The company's Technology Solutions segment offers system integration services, including system construction and business applications; consulting services; front-end technologies comprising ATMs, point-of-sale systems, etc.; and outsourcing services, including datacenters, ICT and application operation/management, SaaS, business process outsourcing, etc.

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