Fortum Oyj (OTCMKTS:FOJCY) Hits New 12-Month High – Here’s Why

Fortum Oyj (OTCMKTS:FOJCYGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $5.75 and last traded at $5.75, with a volume of 4265 shares trading hands. The stock had previously closed at $5.00.

Fortum Oyj Stock Down 2.4%

The business’s 50 day moving average price is $4.63 and its 200-day moving average price is $4.75.

Fortum Oyj Company Profile

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Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling solutions, with a focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, supported by electricity sales and related energy services.

Fortum also works with industrial and municipal customers on decarbonization, energy efficiency and the electrification of energy use.

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