Short Interest in Fujitsu Limited (OTCMKTS:FJTSY) Declines By 20.5%
Fujitsu Limited (OTCMKTS:FJTSY - Get Free Report) experienced a notable reduction in short interest during March. As of March 15th, the total short interest was reported at 33,300 shares, representing a 20.5% decrease from the 41,900 shares recorded on February 28th. Currently, only about 0.0% of the company's total shares are being sold short. Given the average trading volume of 347,900 shares, the current short-interest ratio stands at just 0.1 days.
Fujitsu Stock Performance
On Monday, shares of Fujitsu opened at $20.50. The company has a 50-day simple moving average priced at $19.68 and a 200-day simple moving average at $19.19. With a market capitalization of $38.63 billion, Fujitsu maintains a P/E ratio of 41.32 and a beta value of 0.95. Over the past year, the stock has seen a low of $13.95 and a high of $22.01. The quick ratio is currently at 1.10, while the current ratio is 1.37, indicating strong liquidity. Additionally, Fujitsu’s debt-to-equity ratio is quite low at 0.05.
Recently, on January 31st, the company announced its quarterly earnings. Fujitsu reported earnings per share (EPS) of $0.21 for that quarter, exhibiting a net margin of 8.72% and a return on equity of 17.48%. Analysts are forecasting Fujitsu to post an EPS of 0.81 for the ongoing fiscal year, reflecting a positive outlook.
About Fujitsu Limited
Fujitsu Limited is a prominent player in the information and communication technology sector both in Japan and globally. The company's operations are organized into three key segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. Fujitsu offers a variety of services, including multi-cloud and hybrid IT solutions, SAP landscape transformation, and integrated system products. They provide hardware products such as notebooks, desktops, and peripheral devices, along with numerous IT services and infrastructure management solutions.
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Fujitsu, Stocks, ShortInterest