Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) shares shot up 6.5% during trading on Thursday. The company traded as high as $23.75 and last traded at $23.5404. 4,771 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 34,940 shares. The stock had previously closed at $22.10.
Fuji Electric Stock Performance
The stock has a 50-day simple moving average of $21.59 and a two-hundred day simple moving average of $20.98.
About Fuji Electric
Fuji Electric Co, Ltd. is a Japanese manufacturer of energy and industrial technology products. Founded in 1923 through a partnership between Furukawa Electric and Siemens, the company has developed into a global supplier of equipment used in power generation, transmission, distribution and industrial operations.
The company’s products and services include power semiconductors, inverters, variable-frequency drives, uninterruptible power systems, generators, transformers, switchgear and other power electronics.
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