Fuji Electric (OTCMKTS:FELTY) Shares Down 13.5% – Time to Sell?

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTYGet Free Report)’s stock price traded down 13.5% during mid-day trading on Thursday . The company traded as low as $23.8350 and last traded at $23.8350. 12,152 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 28,733 shares. The stock had previously closed at $27.5480.

Fuji Electric Stock Down 5.9%

The business has a 50-day moving average of $20.12 and a 200-day moving average of $19.06.

Fuji Electric Company Profile

(Get Free Report)

Fuji Electric Co, Ltd. (OTCMKTS: FELTY) is a Japanese engineering company specializing in the design, manufacture and sale of power electronics, industrial automation systems and energy infrastructure equipment. Established in 1923 as a joint undertaking between Furukawa Electric and General Electric, the company has evolved to become a global supplier of power semiconductors, inverters, switchgear, motors and generators. Its product lineup spans a range of applications, from high-voltage transmission and distribution systems to factory automation and renewable energy solutions.

The company operates through several business segments, including Energy & Environment, Industrial Infrastructure, Power Electronics and Electronic Devices.

See Also

Receive News & Ratings for Fuji Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fuji Electric and related companies with MarketBeat.com's FREE daily email newsletter.