Fujifilm (OTCMKTS:FUJIY) Shares Gap Down – Time to Sell?

Shares of Fujifilm Holdings Corp. (OTCMKTS:FUJIY) gapped down prior to trading on Tuesday . The stock had previously closed at $10.75, but opened at $10.0901. Fujifilm shares last traded at $10.5150, with a volume of 10,724 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Fujifilm from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Fujifilm presently has a consensus rating of “Strong Buy”.

Fujifilm Stock Down 2.3%

The business’s 50 day simple moving average is $10.73 and its 200 day simple moving average is $11.23. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $26.14 billion, a PE ratio of 8.02, a PEG ratio of 1.77 and a beta of 0.76.

Fujifilm (OTCMKTS:FUJIY) last announced its quarterly earnings results on Thursday, November 6th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.58. The firm had revenue of $5.33 billion during the quarter, compared to the consensus estimate of $5.31 billion. Fujifilm had a net margin of 8.31% and a return on equity of 7.89%. On average, equities research analysts forecast that Fujifilm Holdings Corp. will post 0.66 earnings per share for the current year.

About Fujifilm

Fujifilm (OTCMKTS:FUJIY) is a Tokyo-based multinational conglomerate originally founded in 1934 as Fuji Photo Film Co, Ltd. Over the decades the company has evolved from a photographic film manufacturer into a diversified technology group operating across imaging, information, highly functional materials and healthcare. Fujifilm Holdings Corporation serves customers worldwide with a combination of hardware, consumables, software and services.

The company’s product and service portfolio spans consumer and professional imaging products, commercial and industrial printing systems, and office document solutions including printers and copiers.