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

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $17.00, but opened at $17.97. Fuji Electric shares last traded at $17.69, with a volume of 1,048 shares trading hands.

Fuji Electric Stock Performance

The stock has a 50-day simple moving average of $21.24 and a two-hundred day simple moving average of $20.62.

About Fuji Electric

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Fuji Electric is a Japanese electrical equipment and technology company that develops, manufactures and sells products for energy and industrial applications. Its offerings include power-generation and power-distribution systems, power electronics, industrial automation equipment and power semiconductors. The company also supplies vending machines and food and beverage distribution equipment, including refrigerated showcases. Its technologies serve customers across utilities, manufacturing, commercial facilities and other industries.

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