Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Update

Fujitsu Ltd. (OTCMKTS:FJTSY) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 209,452 shares, a growth of 251.8% from the February 26th total of 59,541 shares. Based on an average trading volume of 1,348,300 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Fujitsu Stock Performance

Fujitsu stock traded down $0.32 during trading hours on Thursday, hitting $20.64. 168,827 shares of the stock traded hands, compared to its average volume of 380,815. The firm’s 50 day moving average price is $24.44 and its 200-day moving average price is $25.51. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.87 and a quick ratio of 1.62. The stock has a market capitalization of $36.25 billion, a price-to-earnings ratio of 45.88, a P/E/G ratio of 0.75 and a beta of 0.89. Fujitsu has a 1 year low of $17.28 and a 1 year high of $30.05.

Analyst Ratings Changes

Several brokerages recently commented on FJTSY. UBS Group raised shares of Fujitsu to a “hold” rating in a research report on Monday, January 26th. Jefferies Financial Group lowered shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

About Fujitsu

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.