Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 4,000 shares were traded during trading, a decline of 43% from the previous session’s volume of 6,974 shares.The stock last traded at $4.4250 and had previously closed at $4.29.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Fortum Oyj to a “hold” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Fortum Oyj has a consensus rating of “Hold”.
Read Our Latest Stock Report on Fortum Oyj
Fortum Oyj Stock Up 0.3%
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.
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