Fujifilm (OTCMKTS:FUJIY) Shares Gap Down – Should You Sell?

Fujifilm Holdings Corp. (OTCMKTS:FUJIY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $10.70, but opened at $10.3101. Fujifilm shares last traded at $10.5950, with a volume of 8,255 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Fujifilm from a “hold” rating to a “strong-buy” rating in a report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Fujifilm currently has an average rating of “Strong Buy”.

Fujifilm Price Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.38 and a quick ratio of 0.87. The firm has a market cap of $26.52 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 1.80 and a beta of 0.74. The stock has a 50-day moving average price of $10.93 and a 200 day moving average price of $11.23.

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

Fujifilm Company Profile

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.