Fujitsu (OTCMKTS:FJTSY) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Fujitsu Limited (OTCMKTS:FJTSY) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.37 and traded as low as $17.13. Fujitsu shares last traded at $17.95, with a volume of 113,594 shares traded.

Fujitsu Trading Up 2.4 %

The firm has a market cap of $33.83 billion, a P/E ratio of 35.34 and a beta of 0.90. The company’s fifty day moving average price is $17.94 and its two-hundred day moving average price is $18.38. The company has a current ratio of 1.43, a quick ratio of 1.14 and a debt-to-equity ratio of 0.05.

Fujitsu (OTCMKTS:FJTSY) last announced its quarterly earnings results on Thursday, October 31st. The technology company reported $0.07 earnings per share for the quarter. The business had revenue of $5.82 billion for the quarter. Fujitsu had a net margin of 6.94% and a return on equity of 13.88%. As a group, sell-side analysts predict that Fujitsu Limited will post 0.81 EPS for the current fiscal year.

Fujitsu Company Profile

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC’s, desktop PC’s, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.