Fuji Electric (OTCMKTS:FELTY) Shares Gap Up – Here’s What Happened
by Scott Moore · The Cerbat GemFuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $22.82, but opened at $24.59. Fuji Electric shares last traded at $24.59, with a volume of 1,466 shares.
Fuji Electric Stock Up 7.8%
The stock has a fifty day moving average of $21.93 and a 200 day moving average of $21.18.
Fuji Electric Company Profile
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.