Furukawa Electric (OTCMKTS:FUWAY) Stock Price Down 0.7% – Here’s Why

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAYGet Free Report)’s share price traded down 0.7% during trading on Friday . The company traded as low as $23.55 and last traded at $23.55. 556 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 894 shares. The stock had previously closed at $23.73.

Furukawa Electric Stock Down 0.7 %

The firm has a fifty day simple moving average of $22.38 and a two-hundred day simple moving average of $16.54.

About Furukawa Electric

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Furukawa Electric Co, Ltd. manufactures and sells telecommunications, energy, automobile, electronic, and construction products worldwide. It operates through Infrastructure, Electronics & Automotive Systems, Functional Products, and Service and Developments segments. The company offers telecommunications products, such as broadband systems, routers/network equipment, and wireless products; and optical fiber cables and identifiers, optical closures/termination boxes, optical connectors/cords, fusion splicers/optical connecting tools, optical fiber line monitoring/management systems, optical active component, and metal communication cables, as well as wiring materials.

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