Fujifilm (OTCMKTS:FUJIY) Shares Gap Down – Time to Sell?

Shares of Fujifilm Holdings Corp. (OTCMKTS:FUJIY) gapped down prior to trading on Tuesday . The stock had previously closed at $10.75, but opened at $10.0901. Fujifilm shares last traded at $10.5150, with a volume of 10,724 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Fujifilm from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Fujifilm Trading Down 0.1%

The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average is $10.69 and its two-hundred day moving average is $11.22. The company has a market capitalization of $26.77 billion, a PE ratio of 8.21, a price-to-earnings-growth ratio of 1.81 and a beta of 0.76.

Fujifilm (OTCMKTS:FUJIY) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.17 by $0.58. Fujifilm had a net margin of 8.31% and a return on equity of 7.89%. The business had revenue of $5.33 billion during the quarter, compared to analyst estimates of $5.31 billion. As a group, sell-side analysts predict that Fujifilm Holdings Corp. will post 0.66 EPS for the current fiscal year.

About Fujifilm

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.