Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Up 167.1% in May
by Jessica Moore · The Cerbat GemFujitsu Ltd. (OTCMKTS:FJTSY – Get Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 48,094 shares, a growth of 167.1% from the May 14th total of 18,009 shares. Based on an average trading volume of 531,077 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
Analyst Ratings Changes
Separately, Jefferies Financial Group cut Fujitsu from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.
View Our Latest Research Report on FJTSY
Fujitsu Stock Down 3.8%
Shares of OTCMKTS FJTSY traded down $0.80 during midday trading on Friday, hitting $20.49. 183,299 shares of the company’s stock were exchanged, compared to its average volume of 423,566. 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 has a twelve month low of $19.10 and a twelve month high of $30.05. The company has a market cap of $35.98 billion, a PE ratio of 45.53, a P/E/G ratio of 1.01 and a beta of 0.81. The firm’s fifty day simple moving average is $21.59 and its 200-day simple moving average is $24.04.
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.