Furukawa Electric (OTCMKTS:FUWAY) Stock Price Up 6.2% – Here’s Why

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAYGet Free Report)’s stock price traded up 6.2% on Friday . The stock traded as high as $72.4450 and last traded at $72.4450. 182 shares were traded during mid-day trading, a decline of 74% from the average session volume of 694 shares. The stock had previously closed at $68.20.

Furukawa Electric Trading Up 6.2%

The company has a fifty day moving average price of $41.41 and a 200 day moving average price of $34.58.

Furukawa Electric Company Profile

(Get Free Report)

Furukawa Electric Co, Ltd. is a Tokyo-based Japanese manufacturer providing a diverse range of electric wires, cables and high-tech components. Its core offerings include power transmission cables, optical fiber communication systems, copper wire rods, magnet wires, automotive wiring harnesses and electronic device packaging, serving sectors such as utilities, telecommunications, automotive and consumer electronics.

Established in 1884 during Japan’s Meiji period, Furukawa Electric is a key member of the Furukawa Group conglomerate.

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