Fuji Electric (OTCMKTS:FELTY) Hits New 12-Month High – Should You Buy?

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTYGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as $19.62 and last traded at $19.62, with a volume of 1951 shares trading hands. The stock had previously closed at $19.20.

Fuji Electric Stock Performance

The business has a 50-day simple moving average of $17.84 and a two-hundred day simple moving average of $15.76.

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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