Fujitsu (OTCMKTS:FJTSY) Shares Gap Up – Time to Buy?

Fujitsu Ltd. (OTCMKTS:FJTSY) gapped up prior to trading on Monday . The stock had previously closed at $19.44, but opened at $21.13. Fujitsu shares last traded at $21.2950, with a volume of 23,497 shares traded.

Fujitsu Stock Up 6.6%

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.75 and a quick ratio of 1.57. The stock has a market capitalization of $39.67 billion, a PE ratio of 50.20, a PEG ratio of 0.99 and a beta of 0.81. The company has a 50 day moving average price of $20.78 and a 200-day moving average price of $22.50.

About Fujitsu

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.