Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 37,134 shares, an increase of 487.7% from the July 15th total of 6,319 shares. Based on an average trading volume of 481,699 shares, the days-to-cover ratio is currently 0.1 days.
Furukawa Electric Price Performance
Shares of OTCMKTS FUWAY opened at $12.08 on Wednesday. Furukawa Electric has a 1-year low of $2.85 and a 1-year high of $19.07. The company has a 50-day moving average of $82.47 and a two-hundred day moving average of $99.35.
Furukawa Electric Company Profile
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.
Featured Articles
- Five stocks we like better than Furukawa Electric
- A Westinghouse IPO Could Reset the Nuclear Stock Conversation
- Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
- Paramount’s 30-Film Promise Puts AMC Back in the Box Office Conversation
- DraftKings’ Predictions Push Could Be the Bet That Matters Most
Receive News & Ratings for Furukawa Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Furukawa Electric and related companies with MarketBeat.com's FREE daily email newsletter.
