Fujifilm (OTCMKTS:FUJIY) Shares Gap Down – What’s Next?

Shares of Fujifilm Holdings Corp. (OTCMKTS:FUJIY) gapped down prior to trading on Wednesday . The stock had previously closed at $10.12, but opened at $9.65. Fujifilm shares last traded at $9.94, with a volume of 30,907 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research lowered Fujifilm from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Fujifilm has a consensus rating of “Hold”.

Fujifilm Stock Up 0.5%

The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The company has a market cap of $24.80 billion, a P/E ratio of 7.61, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The firm’s 50 day moving average price is $10.62 and its 200-day moving average price is $11.21.

Fujifilm (OTCMKTS:FUJIY) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.75 EPS for the quarter, beating 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 business had revenue of $5.33 billion during the quarter, compared to the consensus estimate of $5.31 billion. As a group, equities research analysts expect that Fujifilm Holdings Corp. will post 0.66 EPS for the current 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.