Fuji Electric (OTCMKTS:FELTY) Shares Gap Up – Here’s Why

by · The Cerbat Gem

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $17.00, but opened at $17.97. Fuji Electric shares last traded at $17.69, with a volume of 1,048 shares.

Fuji Electric Stock Down 1.8%

The stock’s 50 day moving average price is $21.24 and its 200-day moving average price is $20.62.

Fuji Electric Company Profile

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Fuji Electric is a Japanese electrical equipment and technology company that develops, manufactures and sells products for energy and industrial applications. Its offerings include power-generation and power-distribution systems, power electronics, industrial automation equipment and power semiconductors. The company also supplies vending machines and food and beverage distribution equipment, including refrigerated showcases. Its technologies serve customers across utilities, manufacturing, commercial facilities and other industries.

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