Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) shares saw strong trading volume on Tuesday . 10,633 shares traded hands during mid-day trading, an increase of 62% from the previous session’s volume of 6,573 shares.The stock last traded at $4.77 and had previously closed at $4.92.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Fortum Oyj to a “hold” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Fortum Oyj has an average rating of “Hold”.
Get Our Latest Report on Fortum Oyj
Fortum Oyj Trading Down 2.6%
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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