Fujitsu (OTCMKTS:FJTSY) Rating Increased to Overweight at JPMorgan Chase & Co.

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JPMorgan Chase & Co. upgraded shares of Fujitsu (OTCMKTS:FJTSY) from a neutral rating to an overweight rating in a report issued on Monday, The Fly reports.

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

Shares of FJTSY opened at $15.97 on Monday. The company has a current ratio of 1.44, a quick ratio of 1.27 and a debt-to-equity ratio of 0.15. Fujitsu has a one year low of $11.67 and a one year high of $17.60. The stock has a 50 day moving average price of $14.87 and a 200 day moving average price of $14.11.

Fujitsu (OTCMKTS:FJTSY) last issued its quarterly earnings results on Thursday, July 25th. The technology company reported $0.06 EPS for the quarter. Fujitsu had a return on equity of 3.06% and a net margin of 0.96%. The firm had revenue of $7.63 billion during the quarter. Equities analysts anticipate that Fujitsu will post 4.79 earnings per share for the current fiscal 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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