Fujitsu (OTCMKTS:FJTSY) Rating Increased to Sell at ValuEngine

ValuEngine upgraded shares of Fujitsu (OTCMKTS:FJTSY) from a strong sell rating to a sell rating in a research report sent to investors on Wednesday, November 20th, ValuEngine reports.

Several other analysts have also issued reports on FJTSY. Goldman Sachs Group lowered Fujitsu from a neutral rating to a sell rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. upgraded Fujitsu from a neutral rating to an overweight rating in a research note on Monday, August 12th. Finally, Nomura upgraded Fujitsu from a neutral rating to a buy rating in a research note on Thursday, July 25th.

Shares of OTCMKTS:FJTSY traded down $0.39 during mid-day trading on Wednesday, hitting $18.31. 17,797 shares of the company traded hands, compared to its average volume of 21,666. The stock has a 50-day moving average price of $17.85 and a two-hundred day moving average price of $15.83. The company has a current ratio of 1.45, a quick ratio of 1.22 and a debt-to-equity ratio of 0.24. Fujitsu has a 12-month low of $11.89 and a 12-month high of $19.02. The stock has a market cap of $18.56 billion, a P/E ratio of 19.90 and a beta of 0.89.

Fujitsu (OTCMKTS:FJTSY) last posted its quarterly earnings data on Tuesday, October 29th. The technology company reported $0.52 earnings per share for the quarter. The business had revenue of $9.23 billion for the quarter. Fujitsu had a return on equity of 7.31% and a net margin of 2.25%. As a group, analysts expect that Fujitsu will post 5.67 earnings per share for the current year.

About Fujitsu

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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