Zacks Research upgraded shares of Fortum Oyj (OTCMKTS:FOJCY – Free Report) to a hold rating in a report issued on Wednesday morning,Zacks.com reports.
Fortum Oyj Price Performance
FOJCY stock opened at $4.68 on Wednesday. Fortum Oyj has a 12 month low of $3.17 and a 12 month high of $5.27. The firm has a 50 day simple moving average of $4.94 and a 200 day simple moving average of $4.59.
Fortum Oyj Company Profile
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.
See Also
- Five stocks we like better than Fortum Oyj
- Be Ready: 3 Upcoming Catalysts Could Drive Oracle to Record Highs
- 2 Ways to Play the Big Pharma Patent Cliff
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
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.
