Fuji Electric (OTCMKTS:FELTY) Shares Climb 6.5% – Still a Buy?

Shares of Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) rose 6.5% during trading on Thursday. The company traded as high as $23.75 and last traded at $23.5404. 4,771 shares traded hands during trading, a decline of 86% from the average session volume of 34,940 shares. The stock had previously closed at $22.10.

Fuji Electric Stock Up 2.7%

The company has a fifty day moving average of $21.45 and a 200-day moving average of $20.93.

About Fuji Electric

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Fuji Electric Co, Ltd. is a Japanese manufacturer of energy and industrial technology products. Founded in 1923 through a partnership between Furukawa Electric and Siemens, the company has developed into a global supplier of equipment used in power generation, transmission, distribution and industrial operations.

The company’s products and services include power semiconductors, inverters, variable-frequency drives, uninterruptible power systems, generators, transformers, switchgear and other power electronics.

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