Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Update

Fujitsu Ltd. (OTCMKTS:FJTSY) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 18,009 shares, a drop of 68.4% from the April 30th total of 57,010 shares. Based on an average daily trading volume, of 614,617 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Fujitsu Stock Performance

Shares of OTCMKTS FJTSY opened at $21.40 on Friday. The company has a current ratio of 1.87, a quick ratio of 1.62 and a debt-to-equity ratio of 0.05. Fujitsu has a 12 month low of $19.10 and a 12 month high of $30.05. The company has a 50 day simple moving average of $21.33 and a two-hundred day simple moving average of $24.34. The stock has a market cap of $37.58 billion, a price-to-earnings ratio of 47.56, a PEG ratio of 1.04 and a beta of 0.80.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Fujitsu presently has an average rating of “Hold”.

Fujitsu Company Profile

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.