Fujitsu (OTCMKTS:FJTSY) Shares Gap Up – Should You Buy?

Fujitsu Ltd. (OTCMKTS:FJTSY) shares gapped up before the market opened on Thursday . The stock had previously closed at $26.23, but opened at $28.20. Fujitsu shares last traded at $28.22, with a volume of 105,158 shares trading hands.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Fujitsu to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Fujitsu Stock Up 9.6%

The business has a 50-day moving average of $27.17 and a 200 day moving average of $25.36. The company has a market capitalization of $50.05 billion, a PE ratio of 63.87, a P/E/G ratio of 0.99 and a beta of 0.83. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.87 and a quick ratio of 1.62.

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.