Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $4.99, but opened at $5.21. Fortum Oyj shares last traded at $5.20, with a volume of 1,133 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised Fortum Oyj from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat, Fortum Oyj currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on FOJCY
Fortum Oyj Stock Performance
Fortum Oyj Company Profile
Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling services, with a primary focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, complemented by flexible thermal generation and energy services.
Fortum serves customers primarily in the Nordic region and Poland. In addition to supplying electricity and district heating, the company provides solutions intended to help businesses and communities reduce emissions, improve energy efficiency and transition away from fossil fuels.
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