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

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $22.92, but opened at $23.9750. Fuji Electric shares last traded at $23.9550, with a volume of 2,315 shares changing hands.

Fuji Electric Price Performance

The company has a fifty day moving average price of $19.31 and a two-hundred day moving average price of $18.76.

About Fuji Electric

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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.

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