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

Shares of Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $22.40, but opened at $20.6350. Fuji Electric shares last traded at $20.8180, with a volume of 1,034 shares changing hands.

Fuji Electric Trading Down 4.1%

The company’s fifty day moving average is $21.15 and its 200 day moving average is $19.44.

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.

Featured Articles

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.