Fuji Electric (OTCMKTS:FELTY) Shares Gap Up – Time to Buy?

Shares of Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $18.36, but opened at $22.36. Fuji Electric shares last traded at $22.36, with a volume of 276 shares traded.

Fuji Electric Trading Up 1.3%

The company has a fifty day moving average price of $21.60 and a two-hundred day moving average price of $20.07.

Fuji Electric Company Profile

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Fuji Electric Co, Ltd. (OTCMKTS: FELTY) is a Japanese engineering company specializing in the design, manufacture and sale of power electronics, industrial automation systems and energy infrastructure equipment. Established in 1923 as a joint undertaking between Furukawa Electric and General Electric, the company has evolved to become a global supplier of power semiconductors, inverters, switchgear, motors and generators. Its product lineup spans a range of applications, from high-voltage transmission and distribution systems to factory automation and renewable energy solutions.

The company operates through several business segments, including Energy & Environment, Industrial Infrastructure, Power Electronics and Electronic Devices.

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