FUJIFILM (OTCMKTS:FUJIY) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

FUJIFILM Holdings Co. (OTCMKTS:FUJIY) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.45 and traded as high as $10.88. FUJIFILM shares last traded at $10.83, with a volume of 203,102 shares.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of FUJIFILM from a “buy” rating to a “hold” rating in a report on Friday, May 23rd.

FUJIFILM Stock Down 0.6%

The company has a current ratio of 1.45, a quick ratio of 0.92 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average of $10.42 and a 200-day moving average of $10.45. The stock has a market cap of $26.94 billion, a PE ratio of 9.67, a P/E/G ratio of 2.07 and a beta of 0.70.

FUJIFILM (OTCMKTS:FUJIY) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. FUJIFILM had a net margin of 8.02% and a return on equity of 7.62%. The business had revenue of $6.06 billion for the quarter, compared to analyst estimates of $822.51 billion. Equities research analysts predict that FUJIFILM Holdings Co. will post 0.66 EPS for the current fiscal year.

About FUJIFILM

FUJIFILM Holdings Corporation develops, manufactures, sells, and services imaging, healthcare, materials, and business innovation solutions worldwide. The company's Healthcare segment provides products and services, such as medical devices, biomedical contract development and manufacturing organization, pharmaceutical, regenerative medicine, and cosmetics and supplements in the areas of prevention, diagnosis, and treatment.