Fujitsu (OTCMKTS:FJTSY) Shares Gap Down – Here’s What Happened

Fujitsu Ltd. (OTCMKTS:FJTSY) gapped down before the market opened on Monday. The stock had previously closed at $27.00, but opened at $26.02. Fujitsu shares last traded at $27.22, with a volume of 3,616 shares.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Fujitsu from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Fujitsu Trading Down 0.8%

The company has a quick ratio of 1.56, a current ratio of 1.83 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average price of $24.57 and a 200-day moving average price of $22.35.

Fujitsu (OTCMKTS:FJTSY) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.03. The company had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.69 billion. Fujitsu has set its FY 2026 guidance at 1.180-1.180 EPS. Equities analysts predict that Fujitsu Ltd. will post 1.14 earnings per share for the current year.

Fujitsu Company Profile

Fujitsu Limited is a Japanese information and communications technology company that provides digital transformation and technology services to businesses, governments and other organizations. Its offerings include consulting, systems integration, application development, cloud computing, managed services, cybersecurity, data and artificial intelligence solutions, and enterprise technology infrastructure.

The company also develops and supports computing platforms, networking products and other technology solutions designed to help organizations modernize their operations.