Fortum Oyj (OTCMKTS:FOJCY) Sets New 12-Month High – Should You Buy?

Shares of Fortum Oyj (OTCMKTS:FOJCYGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $5.75 and last traded at $5.75, with a volume of 4265 shares. The stock had previously closed at $5.00.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Fortum Oyj to a “hold” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Fortum Oyj currently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on FOJCY

Fortum Oyj Price Performance

The business has a 50-day moving average of $4.59 and a 200 day moving average of $4.74.

About Fortum Oyj

(Get Free Report)

Fortum Oyj is a Finnish energy company primarily engaged in the production, distribution and sale of electricity and heat. The company’s generation portfolio spans a mix of nuclear, hydroelectric, combined?cycle gas and bioenergy power plants. In addition to large?scale power generation, Fortum operates district heating networks and waste?to?energy facilities, providing heat and power solutions to municipalities, industrial customers and residential users across its core markets.

In its customer solutions segment, Fortum offers electricity retail services, electric vehicle charging infrastructure and energy efficiency solutions.

Featured Articles

Receive News & Ratings for Fortum Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortum Oyj and related companies with MarketBeat.com's FREE daily email newsletter.