Fuji Electric (OTCMKTS:FELTY) Shares Gap Up – Here’s What Happened

Shares of Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $22.82, but opened at $24.59. Fuji Electric shares last traded at $24.59, with a volume of 1,466 shares.

Fuji Electric Trading Up 7.8%

The stock’s 50-day moving average is $21.93 and its two-hundred day moving average is $21.18.

About Fuji Electric

(Get Free Report)

Fuji Electric Co, Ltd. is a Japanese manufacturer of energy and industrial technology products. Founded in 1923 through a partnership between Furukawa Electric and Siemens, the company has developed into a global supplier of equipment used in power generation, transmission, distribution and industrial operations.

The company’s products and services include power semiconductors, inverters, variable-frequency drives, uninterruptible power systems, generators, transformers, switchgear and other power electronics.

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