Fujifilm (OTCMKTS:FUJIY) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Fujifilm Holdings Corp. (OTCMKTS:FUJIY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.75 and traded as high as $12.36. Fujifilm shares last traded at $12.35, with a volume of 82,754 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Fujifilm from a “buy” rating to a “hold” rating in a report on Friday, May 23rd.

Fujifilm Price Performance

The stock has a fifty day moving average of $11.44 and a 200-day moving average of $10.75. The company has a quick ratio of 0.92, a current ratio of 1.48 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $30.72 billion, a P/E ratio of 11.13, a PEG ratio of 2.38 and a beta of 0.67.

Fujifilm (OTCMKTS:FUJIY) last released its quarterly earnings results on Wednesday, August 6th. The technology company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. Fujifilm had a return on equity of 7.60% and a net margin of 7.93%.The business had revenue of $5.08 billion during the quarter, compared to analysts’ expectations of $760.41 billion. Equities analysts predict that Fujifilm Holdings Corp. 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.