Furukawa Electric (FUWAY) to Release Earnings on Tuesday

Furukawa Electric (OTCMKTS:FUWAY) is anticipated to post its resultson Tuesday, May 12th. Analysts expect Furukawa Electric to post earnings of $0.7750 per share and revenue of $2.2253 billion for the quarter.

Furukawa Electric Stock Performance

Furukawa Electric stock traded up $6.35 during mid-day trading on Tuesday, hitting $138.65. 367 shares of the company were exchanged, compared to its average volume of 2,338. The business has a fifty day moving average of $108.60 and a 200 day moving average of $62.03. Furukawa Electric has a 1-year low of $17.40 and a 1-year high of $149.41.

About Furukawa Electric

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.