Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $20.65 and traded as low as $19.14. Fuji Electric shares last traded at $19.37, with a volume of 40,566 shares trading hands.
Fuji Electric Trading Down 9.1%
The company’s fifty day simple moving average is $21.69 and its two-hundred day simple moving average is $20.65.
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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