Furukawa Electric (OTCMKTS:FUWAY) Shares Down 4.4%

Furukawa Electric Co. (OTCMKTS:FUWAY)’s share price dropped 4.4% during trading on Wednesday . The stock traded as low as $13.57 and last traded at $13.57, approximately 209 shares traded hands during mid-day trading. A decline of 53% from the average daily volume of 447 shares. The stock had previously closed at $14.20.

The firm has a 50 day moving average of $14.01.

About Furukawa Electric (OTCMKTS:FUWAY)

Furukawa Electric Co, Ltd. manufactures and sells telecommunications, energy, automobile, electronic parts, and construction products worldwide. The company offers telecommunications products, such as broadband systems, routers/network equipment, optical fiber sensing systems, and wireless products; and optical fiber cables and identifiers, optical closures/termination boxes, optical connectors/cords, fusion splicers/optical connecting tools, optical fiber line monitoring/management systems, optical component/devices, and metal communication cables, as well as wiring materials.

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