Fujitsu (OTCMKTS:FJTSY) Sees Strong Trading Volume – Time to Buy?

Shares of Fujitsu Ltd. (OTCMKTS:FJTSY) saw unusually-high trading volume on Tuesday . Approximately 437,046 shares were traded during trading, an increase of 155% from the previous session’s volume of 171,471 shares.The stock last traded at $27.99 and had previously closed at $28.66.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Fujitsu to a “hold” rating in a research report on Monday, January 26th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Fujitsu Stock Performance

The company has a quick ratio of 1.62, a current ratio of 1.87 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average price of $27.31 and a 200 day moving average price of $25.53. The stock has a market cap of $52.29 billion, a PE ratio of 62.22, a P/E/G ratio of 1.01 and a beta of 0.84.

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.