Fujitsu (OTCMKTS:FJTSY) Trading Down 6% – Here’s What Happened

Fujitsu Ltd. (OTCMKTS:FJTSY)’s stock price dropped 6% on Tuesday . The company traded as low as $24.99 and last traded at $25.11. Approximately 1,101,048 shares traded hands during mid-day trading, an increase of 468% from the average daily volume of 193,941 shares. The stock had previously closed at $26.70.

Fujitsu Stock Performance

The company has a market capitalization of $47.73 billion, a P/E ratio of 56.29 and a beta of 0.88. The company’s 50 day moving average is $25.33 and its 200-day moving average is $23.96. The company has a current ratio of 1.81, a quick ratio of 1.58 and a debt-to-equity ratio of 0.05.

About Fujitsu

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC’s, desktop PC’s, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.