Shares of Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $22.38, but opened at $21.35. Fuji Electric shares last traded at $21.58, with a volume of 2,401 shares trading hands.
Fuji Electric Trading Down 4.0%
The stock’s fifty day moving average price is $21.93 and its 200 day moving average price is $21.45.
About Fuji Electric
Fuji Electric Co, Ltd. is a Japanese electrical and industrial technology company that develops products and systems for energy and industrial applications. Its businesses include power generation, transmission and distribution equipment, industrial automation systems, power electronics, and semiconductor devices.
The company offers products such as inverters, drives, motors, control systems, power supplies, energy-management equipment, and power semiconductor modules. It also provides solutions for renewable energy, data centers, transportation, manufacturing, and other infrastructure markets.
Fuji Electric was established in 1923 through a partnership between Furukawa Electric and Siemens.
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