Fujitsu (OTCMKTS:FJTSY) Reaches New 1-Year Low – Here’s Why

Fujitsu Ltd. (OTCMKTS:FJTSY)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as $19.10 and last traded at $19.92, with a volume of 333324 shares traded. The stock had previously closed at $19.45.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lowered shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Fujitsu Trading Up 2.8%

The firm has a market capitalization of $35.11 billion, a price-to-earnings ratio of 44.42, a P/E/G ratio of 0.94 and a beta of 0.81. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.87. The company has a 50 day moving average price of $21.42 and a two-hundred day moving average price of $23.59.

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.