Fujitsu (OTCMKTS:FJTSY) Sees Large Volume Increase – Should You Buy?

Fujitsu Ltd. (OTCMKTS:FJTSY) shares saw unusually-high trading volume on Friday . Approximately 293,560 shares traded hands during mid-day trading, an increase of 60% from the previous session’s volume of 183,138 shares.The stock last traded at $25.38 and had previously closed at $24.96.

Fujitsu Stock Down 0.3%

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.41 and a current ratio of 1.57. The firm’s 50-day moving average is $24.62 and its two-hundred day moving average is $23.22. The stock has a market cap of $47.70 billion, a P/E ratio of 56.24 and a beta of 0.91.

Fujitsu (OTCMKTS:FJTSY) last posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). The company had revenue of $5.05 billion for the quarter, compared to analysts’ expectations of $5.20 billion. On average, equities research analysts anticipate that Fujitsu Ltd. will post 0.81 earnings per share for the current year.

Fujitsu Company Profile

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC’s, desktop PC’s, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.